Kuwait’s C.bank offers KWD 240m bonds

Mubasher: The Central Bank of Kuwait (CBK) offered bonds and related tawarruq at a total value of KWD 240 million and with a 3% rate of return.

The bonds have a three-month maturity period, CBK disclosed on Monday.

Bonds and related tawarruq are local bonds offered by the CBK to the banks working in the Kuwaiti financial sector to regulate the market’s liquidity.   

Mubasher Contribution Time: 21-Oct-2019 12:59 (GMT)
Mubasher Last Update Time: 21-Oct-2019 13:33 (GMT)