Kuwait sold $11.25 billion in bonds. This was its first bond sale in eight years. The Gulf oil exporter offered a three-tranche bond. It attracted strong investor demand. Orders exceeded $23 billion. Pricing tightened due to this high interest. A three-year portion, a five-year tranche, and a ten-year portion were launched.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets