The Central Bank of Kuwait announced on Monday the allocation of issuance of bonds and tawarruq valued at 200 million Kuwaiti dinars (about USD 660 million).

In a statement carried by Kuwait News Agency (KUNA), the bank said that the issuance period is three months, with a return rate of 4.250 percent.

On April 17, the Central Bank of Kuwait announced the allocation of issuing bonds and securitization of 240 million Kuwaiti Dinars (about USD 792 million) for six months term, with the same return

Source: Kuwait News Agency