VOL. XXXIII

NO. 3

23-OCTOBER-1989

Financial and Banking News

Loans and Issues

Commercial Bank of Kuwait Reopens KD Bond Market with KD20mn Issue

The Commercial Bank of Kuwait is to raise KD20mn worth of medium-term debt byissuing a KD-denominated bond arranged and lead managed by the KuwaitInternational Investment Company (KIIC). The paper will mature in five years andwill carry an 8.85% coupon, issued at 100.75%, according to a filing with theCentral Bank which was carried in the official gazette,...