Kuwait raises 100 million dinars through 7-year bond issuance

Kuwait raised 100 million dinars (323.6 million dollars) through the issuance of government bonds maturing in 2033, as part of its efforts to secure financing and strengthen public debt management.

The yield on the 2033-maturity bonds was priced at 3.625%, amid strong investor demand for the issuance, reflecting confidence in Kuwait’s creditworthiness and the attractiveness of its government debt instruments.

According to the data, investor orders exceeded three times the value of the bonds offered, indicating high demand from institutional investors for Kuwaiti bonds.