VOL. XXXII

NO. 39

3-JULY-1989

Financial and Banking News

INVESTMENT ACTIVITIES

KIA Holdings of Local Treasury Bills and Bonds Revealed

Revisions in accounting procedures at the Central Bank of Kuwait haveresulted in a rare disclosure of part of the investment portfolio of the KuwaitInvestment Authority (KIA). As of the end of April, the KIA held KD610.75mn($2,107mn) of the Kuwaiti government's own public debt issue, according to theMay balance sheet of the Central Bank, which was published in the...