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Kuwait to sell $260.5 mln in 1-yr bonds

Bids reached 367 million dinars.

September 14, 2010 8:52 by

Kuwait’s central bank will issue 75 million dinars ($260.5 million) in one-year treasury bonds with a coupon of 1.25 percent on Wednesday, its data showed

Bids reached 367 million dinars, central bank data showed on Tuesday. The central bank sold a two-year paper worth 15 million dinars on Sept. 8.

(Reporting by Kuwait newsroom )

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