Bond Jordon 3.312% ( JO5014404925 ) in JOD

Issuer	Jordon
Market price	100 % ⇌
Country	Jordan
ISIN code	JO5014404925 ( in JOD )
Interest rate	3.312% per year ( payment 1 time a year)
Maturity	30/03/2019 - 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. An analysis of the bond identified by ISIN JO5014404925 details a debt instrument issued by the Hashemite Kingdom of Jordan, a sovereign state in the Middle East with a developing economy, which regularly accesses capital markets to manage its national finances; this specific obligation, denominated in Jordanian Dinars (JOD), was structured with an annual interest rate of 3.312% and comprised a total issuance volume of JOD 50,000,000, requiring a minimum purchase of JOD 1,000 per investor; having been quoted at 100% of its par value, this bond successfully reached its maturity on March 30, 2019, and has subsequently been fully redeemed by the issuer.