Central Bank issues bonds worth 550 million dinars
The Central Bank of Kuwait issued bonds and government debt securitizations amounting to 550 million Kuwaiti dinars, which were covered 3.2 times over, with a total of 1.75 billion dinars, amid strong demand from local financial institutions. The issuances included maturities ranging from two to seven years, with yields between 2.7% and 3.25%. This move aims to enhance market stability and ensure the sustainability of sovereign debt instruments amidst global market fluctuations.
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