VOL. XXXI

NO. 37

20-JUNE-1988

Financial and Banking News

LOANS AND ISSUES

Kuwaiti Government Borrows Full KD1.4bn Ceiling

The Kuwaiti Government has borrowed its full KD1.4bn-worth of public debtallowed under the current fiscal year's debt ceiling, according to MEESestimates. With the conclusion last week of the KD150mn 15th issue of public debtt the Central Bank has essentially completed the government's borrowingprogram for FY1987/88.

The 15th issue comprised a KD100mn issue of treasury bills on...