KCB Allocates Issuance of Bonds, Tawarruq Worth 240 Million Kuwaiti Dinars

The Central Bank of Kuwait (KCB) has allocated issuance of bonds and tawarruq worth 240 million Kuwaiti dinars (Approximately USD792 million).

In a statement on Monday, KCB outlined that the issuance term is six months, with a return rate of 4.5%.

On Sept. 25, KCB issued bonds and tawarruq, with a total value of 240 million dinars (Approximately USD792 million) with an issuance of six-month term at a return rate of 4.5%.

Source: Qatar News Agency