Financial and Banking News
LOANS AND ISSUES
Non-bank Investors Squeezed Out of Kuwaiti Gilts Markets
Investors other than the Kuwaiti Central Bank, the Kuwait InvestmentAuthority (KIA) and the country's commercial banks are playing a declining rolein the market for local gilt-edged securities, according to figures recently published by the Central Bank. On a spot basis, commercial banks remain thelargest holders of government bills and bonds, with 44.7% of the...