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Kuwait: CBK Issues Nearly USD 800 Mln Worth of Bonds

Source: www.export-egypt.com 1/16/2018, Location: Middle East

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The Central Bank of Kuwait announced latest stock and "tawarruq" issue at a total value of KD 240 million (USD 792 million) valid for three months, at a two percent proceed rate.

The CBK made the announcement in a statement to KUNA. The central bank issues the bonds as a measure to maintain monetary market stability.

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