Financial and Banking News
LOANS AND ISSUES
Kuwaiti Government Debt Outstanding Exceeds KD1bn
With the conclusion of the eighth and ninth issues of Kuwaiti Governmentdebt, total debt outstanding stands at KDl,004mn, or 71.7% of the debt ceiling,according to MEES estimates. The eighth issue, concluded in the first week ofApril, raised KD100mn worth of three-month treasury bills and KD50mn of one-yearbonds with a 5.25% coupon. The ninth issue, which closed last week,...