Kuwait Central Bank Issues Bonds and Tawarruq Worth 200 Million Dinars

The Central Bank of Kuwait announced the allocation of its latest bond and tawarruq issuance, totaling 200 million dinars. The issue has a 3-month maturity with an interest rate of 4.125%. This follows the earlier announcement of two issuances on November 5, 2024, amounting to a total of 300 million dinars. The first issuance, worth 100 million dinars, had a 6-month maturity and an interest rate of 4.250%, while the second issuance, also for 200 million dinars, had a 3-month maturity with the same 4.125% interest rate. The central bank issues these bonds and tawarruq to regulate liquidity by either withdrawing excess liquidity from the market or injecting additional liquidity by redeeming the bonds from local banks and paying their value after deducting the interest.