Kuwait Central Bank Issues Bonds, Tawarruq Worth KD 240 Million

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The Kuwait Central Bank (KCB) has announced the issuance of bonds and related tawarruq with a total value of KD 240 million (about $792 million ).

In a statement on Monday, the KCB explained that the issuance period is three months, with a return rate of 4.375 percent.

On June 10, the KCB announced the allocation of issuing bonds and tawarruq of the same value for three months with a return rate of 4.375 percent.

Source: Qatar News Agency