CBJ issues Treasury bonds worth JD200m
AMMAN — The Central Bank of Jordan (CBJ), on behalf of the government, on Wednesday launched the sixth issue of the current year of Treasury bonds worth JD200 million.
According to the bank's data, the maturity date for the current issue is February 13, 2030, as indicated by the CBJ. The settlement date falls on Thursday.
Treasury bonds are financing instruments with long maturities ranging from two to 20 years, ranging from government and Treasury bonds to bonds issued by companies, Al Rai Newspaper, eported.
While Treasury bills are prepared, short term government debt instruments are issued for terms ranging between 3 and 12 months. They are characterised as low-risk financial instruments and are traded in financial markets for sale and purchase.
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