Kuwait Ramps Up Domestic Borrowing With KWD550 Million Debt Sale
Kuwait has stepped up its domestic fundraising efforts, issuing KWD550 million ($1.77 billion) in Treasury bonds and public debt tawarruq instruments across a range of maturities through the Central Bank of Kuwait on behalf of the Ministry of Finance. The offering was spread across four tenors. Two-year securities accounted for KWD150 million and carried a …
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