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

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

The rate of return is set at 1.625 percent, according to a statement.

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.