Kuwait Central Bank Issues Bonds, Tawarruq Worth KWD 240 Million

The Kuwait Central Bank (KCB) announced that it has allocated bonds and Tawarruq worth KWD 240 million (about USD 792 million) In a statement, the KCB stated that the issuance has a maturity of three months with a yield rate of 4.375 percent. On Sept. 9, the Bank announced the allocation of bonds and Tawarruq of the same total value with a three-month maturity and the same yield rate. Source: Qatar News Agency