Kuwait’s 150 million dinar bond issue draws 386 million dinars in bids
Kuwait raised 150 million dinars through the issuance of public debt securities and treasury bonds. These bonds have a term of seven years. Bids for the issuance reached 386 million dinars. This means demand was more than 2.5 times the amount offered. The Central Bank of Kuwait managed the process on behalf of the Ministry of Finance. The issuance was handled through a competitive auction.
Kuwait has raised 150 million dinars through a seven-year issuance of treasury bonds and public debt securities, with bids reaching 386 million dinars, reflecting demand more than 2.5 times the amount offered. The Central Bank of Kuwait announced that the issuance was conducted on behalf of the Ministry of Finance through a competitive auction, carrying … The post Kuwait’s 150 million dinar bond issue draws 386 million dinars in bids appeared first on Times Kuwait .