Jordan Cbank announces selling $141m T-bonds

16 Apr 2010

(MENAFN) The Central Bank of Jordan (CBJ) announced that it sold 18-month Treasury bonds worth $141 million with the average yield declining to 3.103 percent from 7.336 percent at its last 18-month issue in November 2008, Reuters reported.

This year, the central bank has issued three-year T-bonds and has invited offers for this latest issue at the auction this week for settlement.

The bank said that the bond issue was oversubscribed with offers worth 274 million and accepted yields between 2.245 and 3.103 percent. The bills, which are open to domestic and foreign investors via banks, mature on October 15, 2011.

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