NO. 22

28 FEBRUARY 1994

Financial and Banking News

Budgets & Revenues

Kuwait Central Bank Reports Slight Drop In Balance Of T-Bills, Increase InBank Assets For November

The Central Bank of Kuwait reported last week that the outstanding balancefor its treasury bills stood at KD1.914bn ($6.434bn) at the end of November1993, down 0.4% from KD1.922bn ($6.460bn) at the end of October. Four issues ofthree-month treasury bills worth KD374mn were made in November, while fourprevious issues...