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Jordan Central Bank auctions three-year bonds

  • Jordan: Monday, August 24 - 2009 at 12:10

The Central Bank of Jordan (CBJ), acting on behalf of the government, auctioned three-year treasury bonds in an offering worth JD100m ($141m) yesterday. Made available to local and foreign banks, investment funds and pension funds, the bonds mature on August 24 2012. Used by the government to finance growing public debt in Jordan, the previous three-year treasury bonds, issued earlier this month, had an average yield of around 5.2%, maturing on August 13 2012.

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