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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Jordan finalizes $750mln bond issue

Posted on 10 November 2010

From Arabnews.com: The Jordanian government has finalized the issuance of 750 million dollars of five-year bonds, Finance Minister Mohammad Abu Hammour announced Tuesday. The bonds, which had been sold to about 220 international investors, carried a fixed annual interest rate of 3.875 percent, which would be paid every six months.
“Jordan’s first issue of bonds on world markets was managed by a coalition of international banks comprising JP Morgan, Credit Suisse, HSBC and the Arab Bank,” Abu Hammour said……………………………………….Full Article: Source

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