Central Bank of Kuwait announced Monday that it has issued bonds and Tawarruq worth KWD 240 million (roughly USD 792 million). In a statement, the Bank clarified that the issuance has a maturity of three months with a yield rate of 4.375 percent. On Jul.1, 2024, the bank announced the allocation of bonds and Tawarruq of the same total value with a three-month maturity and the same yield rate. Source: Qatar News Agency
