Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities valued at KWD 160 million ($527.87 million) on Tuesday.
Kuwait’s central bank noted that this bond issue has a yield of 2.50%, according to a recent statement.
The bonds will be matured in three months on 13 November.
The central bank added that this issue was covered 15.6 times at a total value of KWD 2.50 billion.
It is noteworthy that the CBK tends to control the levels of liquidity in the local market by issuing these bonds and securities.
