Kuwait raised $6 billion from a three-tranche sovereign bond sale, the finance ministry said on Thursday, the top oil producer's first issuance since October last year and despite current regional tensions with Iran.The issuance comprised $3 billion in three-year bonds, $1.5 billion in five-year bonds and $1.5 billion in 10-year bonds, and were priced at final spreads of 70, 75 and 85 basis points respectively over comparable U.S. Treasuries, the ministry said.The sovereign bond sale saw "exceptional demand" from investors, with total orders exceeding $18 billion, the ministry said. The strong demand reflects investors' appetite despite intensified Iranian attacks in recent weeks on U.S. military assets in Kuwait and Bahrain.Updated: Indian bonds fall for third session as oil prices near $100 a barrelIndian government bonds experienced a decline for the third straight session on Thursday, primarily influenced by escalating tensions in the Middle East, which pushed crude oil prices to nearly $100 a barrel. Additionally, the rise in U.S. Treasury yields dampened market sentiment. Given India's dependency on crude oil imports, this scenario raises concerns over an inflated import bill and the resurgence of inflationary pressures.In October 2025, Kuwait raised $11.25 billion from a three-part bond sale, coming after years of domestic political gridlock over a public debt law that raised the borrowing ceiling to 30 billion dinars ($98 billion) from 10 billion dinars and allowed for longer borrowing terms.
Kuwait raises $6 billion in three-tranche bond sale, finance ministry says
Kuwait has triumphantly secured six billion dollars through its latest sovereign bond issuance, representing its first issuance since October of the previous year. This effort attracted an overwhelming response from investors, who placed orders surpassing eighteen billion dollars. Remarkably, this strong demand continued despite ongoing regional tensions with Iran and follows a substantial bond issuance from October 2025.







