Financial and Banking News
LOANS AND ISSUES
Kuwaiti T-Bill Issue Raises KD100mn
The 18th issue of Kuwaiti three-month treasury bills, worth KD100mn, was madeon 3 August. This issue, which replaced an identical amount retired from the10th issue of T-Bills maturing on 3 August, will leave the total volume of billsoutstanding at KD770mn. The 18th issue attracted KD240.7mn-worth of bids,offering between 98.59970 and 98.379%, equivalent to a rate of interest ofbetween...