Financial and Banking News
LOANS AND ISSUES
Sixth Kuwaiti Government Issue Oversubscribed
The sixth issue of government debt arranged by the Central Bank of Kuwaitclosed on 1 March with massive oversubscription. A total of KD490.3mn wasoffered for KD120mn-worth of treasury bonds with two to five-year maturities.The bond issue partly replaced the second issue of KD75mn-worth of 91 daytreasury bills issued in December, which expired on 2 March without beingreplaced by...