Kuwait- CBK issues bonds totaling USD 660 mln


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Oct 26 (KUNA) -- The Central Bank of Kuwait announced Monday the allocation of bonds and "Tawarruq" with a total value of KD 200 million dinars (equivalent of around USD 660 million).
In a statement to KUNA, the bank said that the issuance period is three months with a return rate of 1.250 percent.
On October 19th, the Central Bank issued bonds and "Tawarruq" totaling 240 million dinars for the same return and terms. (end)
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