Central Bank of Kuwait Allocates Issuance and Securitization at KWD 200 Million

Kuwait City: The Central Bank of Kuwait (CBK) has announced the issuance of bonds and tawarruq valued at KWD 200 million, approximately USD 660 million.

According to Qatar News Agency, the CBK stated that the issuance period is set for three months, with a return rate of 4.125 percent. This follows a similar announcement made on February 17, where the CBK allocated bonds and tawarruq issuance worth the same amount, with an identical issuance period and return rate.