Bond Jordon 5.616% ( JO5014403703 ) in JOD

Issuer	Jordon
Market price	100 % ⇌
Country	Jordan
ISIN code	JO5014403703 ( in JOD )
Interest rate	5.616% per year ( payment 1 time a year)
Maturity	29/05/2019 - Bond has expired
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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 pertains to the bond identified by ISIN JO5014403703, a debt instrument issued by the Hashemite Kingdom of Jordan, a sovereign state that engages in capital markets to manage its national finances and fund public projects, demonstrating its commitment to its financial obligations; this particular bond, denominated in Jordanian Dinars (JOD), carried an annual interest rate of 5.616% and was part of a total issuance valued at JOD 50,000,000, with a minimum purchase size of JOD 1,000, and notably, it reached its scheduled maturity on May 29, 2019, at which point it was fully redeemed at its 100% market price, confirming the issuer's successful repayment to its investors.