JSC registers four issuances of Treasury bonds, bills valued at JD334.4m

AMMAN — The Board of Commissioners of the Jordan Securities Commission (JSC) has approved the Central Bank of Jordan's (CBJ) request to register four issuances of Jordanian Treasury bonds and bills for 2024, with a total value equivalent to JD334.4 million.

JSC decided to approve CBJ's request to register the 30th issuance of Jordanian Treasury bonds for 2024, with a maturity date of November 7 2029, with a value of JD100 million, a duration of five years, and  an average accepted interest rates of 6.166 per cent, the JSC announced on its website. 

The board also approved the bank's request to register the 31st issuance of Jordanian Treasury bonds for 2024, maturing on November 17, 2029 with a value of JD100 million and a duration of five years. The weighted average of accepted interest rates for this issuance stood at 6.162 per cent.

Regarding Jordanian Treasury bonds issued in US dollars for 2024, the board approved the registration of the second issuance with the JSC.

These bonds will mature on November 12, 2029, with a value of $110 million and a duration of five years. The approval is conditional on the bonds not being listed on the Amman Stock Exchange and being registered with the Securities Depository Centre. The weighted average of accepted interest rates for this issuance was 6.5 per cent.

The board also approved CBJ's request to register the fifth issuance of Jordanian Treasury bills issued in US dollars for 2024, maturing on May 14, 2025, with a value of $82 million and duration of six months. 

The registration was granted under the terms provided in the bank's letter, on the condition that the bills are not listed on the Amman Stock Exchange and are registered with the Securities Depository Centre. The weighted average annual yield for this issuance reached 5.751 per cent.