Kuwait Central Bank Issues Bonds, Tawarruq Worth KD 240 Million

The Kuwait Central Bank (KCB) has announced the issuance of bonds and related tawarruq with a total value of KD 240 million (about $792 million ). In a statement on Monday, the KCB explained that the issuance period is three months, with a return rate of 4.375 percent. On June 10, the KCB announced the allocation of issuing bonds and tawarruq of the same value for three months with a return rate of 4.375 percent. Source: Qatar News Agency