The KCB explained that the issuance period is three months, with a return rate of 4.375%
PHOTO
Kuwait: The Kuwait Central Bank (KCB) has announced the issuance of bonds and related tawarruq with a total value of KD 240 million (about USD 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 Aug. 19, the KCB announced the allocation of issuing bonds and Tawarruq of the same value for three months with the same return rate.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
