CBK sells KWD 280m bonds

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and related Tawarruq at a total value of KWD 280 million, according to a press release on Monday.

With a six-month maturity period, the issued bonds and related Tawarruq have a return rate of 1.250%.

It is noteworthy to mention that bonds and related Tawarruq are local bonds offered by the CBK to banks working in the Kuwaiti financial sector to regulate the market’s liquidity.

Mubasher Contribution Time: 07-Dec-2020 10:34 (GMT)
Mubasher Last Update Time: 07-Dec-2020 10:34 (GMT)