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. Source: Qatar News Agency
Related Articles
Oil Prices Slip on Dollar’s Strength
Singapore: Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong US jobs data on Friday.
Brent crude futures and US West Texas I…
Dollar Calm as Traders Await Clues on US Federal Reserve Meeting
The dollar was broadly steady on Monday as investors awaited further clues to help chart the US interest rate path in the wake of cautious comments from Federal Reserve officials, even as inflation shows signs of cooling.
The Japanese yen was flat at…
Oil Prices Rise by about 2 Percent after US Economic Data
Oil prices rose by more than a dollar Thursday, after US economic data eased fears of an imminent recession in the United States, the world’s largest economy, but continued concerns about slowing global demand limited gains.
Brent crude futures rose …
