CBK ‘issues’ bonds related to tawarruq

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.