VOL. XXX1

NO. 47

29-AUGUST-1988

Financial and Banking News

LOANS AND ISSUES

Kuwaiti T-Bill Rollovers Continue as Liquidity Eased in July

The 20th issue of Kuwaiti treasury bills worth KD100mn went ahead on 17August, representing a rollover of the 12th issue which was retired on the sameday. A total of KD204.7mn was offered for the 20th issue at prices ranging from98.379% to 98.514%. The average price accepted for the three-month issue was98.465%, equivalent to a 6.157% interest rate. The l9th...