VOL. XXXI

NO. 24

21-MARCH-1988

Financial and Banking News

LOANS AND ISSUES

Outstanding Kuwaiti T-Bills Decline after Seventh Debt Issue

Outstanding treasury bills issued by the Central Bank of Kuwait have declinedfrom a peak of KD623mn at the end of February to KD4lOmn as of the seventh issueof public debt, which was made on 9 March. KD90mn worth of new treasury billswere issued by the Central Bank on that day, while KD228mn worth of bills fromthe third issue were retired at maturity. The...