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LoginCentral Bank of Kuwait Allocates KD 100 Million Bonds, Tawarruq
Kuwait, December 22 (QNA) - The Central Bank of Kuwait (CBK) announced Monday that it issued bonds and related tawarruq valued at KD 100 million (about USD 330 million) for a six month term.
In a statement today, CBK clarified that the securities bare an interest rate of 3.750 percent.
Last June, the Central Bank of Kuwait issued bonds and tawarruq worth KD 200 million (about USD 660 million), for a three-month term and baring an interest rate of 4.125 percent. (QNA)
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