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Kuwait cbank issues $362mln bonds

Posted on 12 March 2009

From Tradearabia.com: Kuwait’s central bank has issued 107 million dinars ($362.1 million) of one-year treasury bonds carrying a coupon of 2.25 percent, in a move that analysts said would help soak up excess cash.

Central bank data showed it received 602 million dinars of bids for the bonds, which mature on March 10, 2010. Traders said the central bank also issued six-month treasury bills with a yield of 2.125 percent….. Full Article: Source

 
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