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.