Post by Lushari on Jun 1, 2009 8:41:41 GMT 4
The Kuwait government may issue sovereign bonds worth 1.66 billion Kuwaiti dinars ($5.7 billion) by the end of the year to refinance maturing debt, Al-Rai newspaper reported on Sunday.
The government is mulling selling bonds with maturities of 3 months, 6 months and 3 years, the paper said, quoting unnamed people.
The paper added that Kuwait has close to 600 million dinars worth of debt maturing in July this year.
The government is mulling selling bonds with maturities of 3 months, 6 months and 3 years, the paper said, quoting unnamed people.
The paper added that Kuwait has close to 600 million dinars worth of debt maturing in July this year.