Kuwait central bank’s bonds oversubscribed 9.93 times – ZAWYA

Kuwait central bank’s bonds oversubscribed 9.93 times – ZAWYA

Kuwait - The Central Bank of Kuwait (CBK) on Tuesday issued bonds and related tawarruq worth KWD 280 million, with a 1.375% rate of return.. The bonds, offered on Monday, carry a maturity period of six months and will be due on 8 December 2020.. Bonds and related tawarruq are local bonds offered by the CBK to banks working in the Kuwaiti financial sector to regulate the market's liquidity.. The content of the article is syndicated or provided to this website from an external third party provider..