Kuwait has initiated a significant three-part U.S. dollar bond offering, seeking bids for 3, 5, and 10-year maturities. Indicative pricing ranges from 70 to 85 basis points over U.S. Treasuries. Major global banks like Citigroup and JPMorgan are managing the benchmark-sized debt deal, issued under Kuwait’s Global Medium Term Note Programme, signaling a key move in international finance.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets