KUWAIT: The Central Bank of Kuwait (CBK) has issued KWD350 million (US$1.13 million) in bonds and related Tawarruq papers carrying tenors of one year, six months and three months, separate statements confirmed. The one-year issuance worth KWD30 million (US$96.78 million) carries a 4.5% rate of return while the six-month and three-month papers — worth KWD160 million (US$516.16 million) each — carry 4.25% and 4.12% rate of returns respectively.