Central Bank of Kuwait Issues Bonds, Tawarruq Worth KWD 240 Million

Central Bank of Kuwait announced Monday that it has issued bonds and Tawarruq worth KWD 240 million (roughly USD 792 million). In a statement, the Bank clarified that the issuance has a maturity of three months with a yield rate of 4.375 percent. On Jul.1, 2024, the bank announced the allocation of bonds and Tawarruq of the same total value with a three-month maturity and the same yield rate. Source: Qatar News Agency