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Showing results for tags 'completing payment compensation state of kuwait'.

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Found 1 result

  1. Binaa Bonds Issue Two December 21, 2021 Due to the exhaustion of the first issue of (Bena) bonds issued by the Federal Ministry of Finance and which were sold to the public, and the presence of urgent requests to launch another issue of the same bonds. The Ministry of Finance decided to launch the second issue with a value of (2) trillion dinars (two trillion dinars only) and by the same mechanism mentioned in our book No. 6/6/2916 on 10/24/2021. Therefore, we recommend commercial banks (governmental and private) to take the necessary measures and use tools that contribute to the promotion of these bonds, and help in receiving the public and facilitating their purchase requests for these bonds. We would also like to point out that Paragraph No. (6) mentioned in our circulars above will be valid for only two days (Sunday and Wednesday) of each week until the end of the issuance period, which will be on 01/19/2022, with your banks continuing to receive public requests daily and also until the end of the issuance period . We hope to take the necessary measures to make the process of promoting and selling these bonds successful, in a way that makes it very easy for those who want to buy them.
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