Financial and Banking News
LOANS AND ISSUES
14th Issue Raises Kuwaiti Debt to KD1.25bn
The 14th issue of Kuwaiti government debt was completed on 8 June, withKDlOOmn worth of treasury bills attracting KD229mn worth of bids. The bills werealloted an average price of 98.451% to yield 6.213%. The 14th issue replaced theKD90mn seventh issue which matured at the same time. The total volume of T-billsoutstanding stands at KD670mn. There are KD583.5mn worth of treasury bonds...