Global Arab Network | Jordan: CBJ issues $ 70.5 million bonds

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Jordan: CBJ issues $ 70.5 million bonds

Monday, 06 September 2010 22:23

Jordan (Amman) - The Central Bank of Jordan (CBJ) on Monday announced that the amount $ 70.5 million (JD50 million) is the value of the new two-year Treasury Bonds.

On behalf of the Jordanian government, CBJ opened bid for banks and retirement and investment funds, to be settled tomorrow.

This is the 40th issuance of Treasury Bonds issued for local and foreign investors, to be matured on September 7, 2012.

"Since the beginning of 2010, the volume of government securities reached JD2.95 billion, compared to JD2.316 billion redeemed during the same period of last year", a CBJ official told Petra .

The net of new government securities issued this year amounted to JD634 million compared with JD953 million for the same period of last year, the official added.

The Central Bank of Jordan (CBJ) on Monday announced that the volume of excess reserves is JD3.329 billion including overnight window deposits.

The volume of required reserves stood at JD1.143 billion, the CBJ added.
(Petra)

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