Kuwait to sell KWD3bn in international bonds early next year
Kuwait plans to offer KWD3bn (USD9.91bn) in bonds to international investors early next year, the Kuwaiti finance minister Anas Al Saleh said on Tuesday. Al Saleh said that Kuwait’s public debt stood at KWD2.97bn on 19 October 2016, while new domestic debt issues from April 1 to October 19 reached KWD1.38bn. Al Saleh added that the bond issuance will be at the beginning of next year and preparations with international banks were underway regarding the bond sale. (Gulf News)
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