Bond Jordon 3.53% ( JO5014404628 ) in JOD

Issuer	Jordon
Market price	100 % ⇌
Country	Jordan
ISIN code	JO5014404628 ( in JOD )
Interest rate	3.53% per year ( payment 1 time a year)
Maturity	11/11/2020 - Bond has expired
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Minimal amount	1 000 JOD
Total amount	100 000 000 JOD
Detailed description	Jordan is a country in the Levant region of Western Asia, bordered by Syria, Iraq, Saudi Arabia, and Israel. A specific sovereign bond issued by the Hashemite Kingdom of Jordan, identified by its ISIN code JO5014404628, has successfully completed its full lifecycle. This fixed-income instrument, denominated in Jordanian Dinars (JOD), carried an annual interest rate of 3.53%. The total issuance size for this particular bond was 100,000,000 JOD, structured with a minimum purchase threshold of 1,000 JOD, aiming to facilitate accessibility for a broad range of investors. As a sovereign issuer, Jordan, the country of issuance, regularly engages with debt capital markets to finance its public expenditures and support its economic development initiatives, thereby offering investors exposure to its national economic trajectory and fiscal stability. A significant detail for this bond was its maturity date, which occurred on November 11, 2020. Upon reaching this maturity, the bond was valued at 100% of its principal amount in the market, confirming its complete repayment to bondholders as per its terms. Its singular annual payment frequency throughout its term ensured consistent interest distributions to investors.