Tuesday 22, May 2018 by Kudakwashe

Central Bank of Kuwait issues three months’ bonds and Tawarruq worth KWD 240 million

The Central Bank of Kuwait has issued bonds and related Tawarruq worth KWD 240 million.


In an announcement on its website, the $792 million equivalent bonds and Tawarruq will carries a duration of three months and a return rate of 2.3 per cent.  The last issue of bonds and Tawarruq was on 14 May and it is valued at KWD 160 million ($528 million)  and carries a duration of three months as well.


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