Financial and Banking News
LOANS AND ISSUES
Kuwait Sticks to Replacement T-Bills
As has been the case since mid-June, the Central Bank of Kuwait has stuck toits practice of replacing treasury bills as they retire by issuing KD70mn worthof new 91-day bills on 5 October to replace an identical issue maturing on thesame day. The latest issue was the 25th since the program of state borrowingbegan in November last year, and the bills replaced those of the 16th issue at...