Financial and Banking News
LOANS AND ISSUES
Kuwait T-Bill Issue Increases Debt
The Kuwaiti Government last week surprised the market by going ahead with anew issue of treasury bills which has increased the volume of outstanding bills- unchanged since August last year - to KD920mn. The KD150mn issue was made on29 March and was the first to take advantage of the increase in the publicdebt ceiling which was approved earlier this month (MEES, 27 March).