Bond Jordon 6.438% ( JO5014403059 ) in JOD
| Issuer | Jordon |
| Market price | 100 % ⇌ |
| Country | Jordan
|
| ISIN code |
JO5014403059 ( in JOD )
|
| Interest rate | 6.438% per year ( payment 1 time a year) |
| Maturity | 16/09/2016 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 JOD |
| Total amount | 50 000 000 JOD |
| Detailed description |
Jordan is a country in the Levant region of Western Asia, bordered by Syria, Iraq, Saudi Arabia, and Israel. This financial article details a specific sovereign bond issued by the Kingdom of Jordan, a Middle Eastern state with a developing economy that relies significantly on its service sector, remittances, and international aid, and is known for its strategic geopolitical position within the region. The bond in question, identified by the ISIN JO5014403059, was denominated in Jordanian Dinars (JOD) and represented a total issuance size of 50,000,000 JOD, with individual investor participation possible at a minimum purchase size of 1,000 JOD. It was structured with an annual interest rate, or coupon, of 6.438%, with interest payments disbursed once per year to bondholders. This fixed-income security matured on September 16, 2016, and at its maturity date, the bond was trading at 100% of its face value in the market, indicating that it was fully repaid by the issuer, Jordan, to its investors, thereby concluding its life cycle as a debt instrument. |
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