VOL. XXXI

NO. 51

26-SEPTEMBER-1988

Financial and Banking News

LOANS And ISSUES

Rollover Kuwaiti T-Bill Issue Goes Ahead

The 24th issue of Kuwaiti government 91-day treasury bills went ahead asexpected on 21 September. The KD100mn issue replaced the 16th issue, for thesame amount, which expired on the same day. Although the effect of the issue wasneutral on liquidity, the Central Bank intervened in the local market thefollowing day to sell some of its own holdings of treasury bills and therebyraised...