CBK ‘is­sues’ bonds re­lated to tawar­ruq

Arab Times - - BUSINESS -

KUWAIT CITY, Sept 24, (KUNA): The Cen­tral Bank of Kuwait an­nounced that they is­sued KD 200 mil­lion (about $660 mil­lion) worth of bonds and tawar­ruq.

CBK said in a state­ment to KUNA that the three-month is­sue pe­riod has a re­turn rate of 1.250 per­cent.

On Septem­ber 14, CBK is­sued bonds and tawar­ruq worth KD 290 mil­lion ($957 mil­lion) for a pe­riod of three months.

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