Bond Jordon 5.136% ( JO5014404883 ) in JOD

Issuer	Jordon
Market price	100 % ⇌
Country	Jordan
ISIN code	JO5014404883 ( in JOD )
Interest rate	5.136% per year ( payment 1 time a year)
Maturity	15/03/2023 - Bond has expired
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Minimal amount	1 000 JOD
Total amount	150 000 000 JOD
Detailed description	Jordan is a country in the Levant region of Western Asia, bordered by Syria, Iraq, Saudi Arabia, and Israel. This detailed financial overview focuses on a specific sovereign bond identified by ISIN JO5014404883, issued by the Hashemite Kingdom of Jordan. The Kingdom of Jordan, serving as the sovereign issuer for this debt instrument, is a critical player in the Middle East's economic landscape, with its government bond issuances reflecting its fiscal management and economic health. This particular bond, denominated in the local currency, the Jordanian Dinar (JOD), was structured with a fixed interest rate of 5.136%. The total volume of this issuance amounted to JOD 150,000,000, designed to attract a broad investor base with a minimum purchase size set at JOD 1,000. Interest payments for this security were scheduled on an annual basis. A key characteristic of this instrument is its maturity date of March 15, 2023. It is important to highlight that this bond has successfully reached its full maturity and has since been completely repaid and retired from circulation, underscoring the issuer's adherence to its financial commitments. Prior to its redemption, the bond's market price stood at 100% of its face value.