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Kuwait’s central bank issues $792m bonds, tawarruq

Finance Kuwait City 03 Apr 22
Kuwait’s central bank issues $792m bonds, tawarruq
Kuwait central bank announces issuance of bonds and tawarruq for six months with an accumulated value of 240 million Kuwait dinars.
Fee
Event Location
Kuwait, Kuwait
Area
Kuwait City
Start Time
03 April 2022, 12:00 AM
End Time
30 April 2022, 12:00 AM
Website

The Central Bank of Kuwait (CBK) has announced that it has issued bonds and tawarruq for six months with an accumulated value of 240 million Kuwait dinars ($792 million).

According to a statement from CBK, the rate of return is set at 1.625 percent.

The bank also issued bonds and tawarruq as of March 21 valued at 220 million Kuwait dinars ($660 million) for three months standing at a rate of returns of 1.375 percent, local media reported

Kuwait banking news 2022Kuwait central bank updates 2022



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