CBK Announces New Bonds, Tawarruq Worth KD 160 Million

The Central Bank of Kuwait (CBK) announced on Monday the allocation of issuance of bonds and tawarruq amounting to KD 160 million (about USD 528 million).The CBK said in a statement carried by Kuwait news agency (KUNA), that the issuance period is three months with a return rate of 4.375 percent.Source: Qatar News Agency