Financial and Banking News
LOANS AND ISSUES
KD Bond Market Reopens with Local Issues
Issues of KD-denominated bonds for local borrower have resumed in the Kuwaitibond market with the government itself issuing replacement T-bonds and theKuwait Real Estate Bank (KREB) replacing a three year old issue. The KREB issue,lead managed by the National Bank of Kuwait (NBK) was for KD10mn worth of 6.75%bonds due on 30 November 1991, and replaced a KD10mn issue (also led by...