Bond Jordon 2.9% ( JO5014405211 ) in JOD

Issuer	Jordon
Market price	100 % ⇌
Country	Jordan
ISIN code	JO5014405211 ( in JOD )
Interest rate	2.9% per year ( payment 1 time a year)
Maturity	05/10/2018 - 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 JO5014405211 bond reveals a specific sovereign debt instrument issued by the Hashemite Kingdom of Jordan. Jordan, a critical sovereign issuer in the Middle East's financial landscape, periodically accesses capital markets through debt instruments to support its national budget and fund development initiatives, with its credit standing closely monitored by international investors. This particular bond, identified by ISIN JO5014405211, was denominated in Jordanian Dinars (JOD) and featured an annual interest rate of 2.9%. With a total issuance size amounting to 50,000,000 JOD and a minimum purchase threshold of 1,000 JOD, the bond was structured for annual interest payments. Crucially, this fixed-income security successfully reached its maturity date on October 5, 2018, and has since been fully redeemed, affirming the issuer's commitment to its debt obligations and ensuring the repayment of principal and final interest at 100% of face value to its bondholders.