CBJ issues new treasury bills worth $90 million


19-09-2024 09:33 AM

Ammon News - On behalf of the government, the Central Bank of Jordan (CBJ) announced the offering of the fourth issue of Jordanian bills for the current year in US dollars at a price auction worth $90 million.

The CBJ's data indicated that the auction date is September 19, the settlement date September 22, and the maturity date will be September 22, 2025.

The issue size is 90 million US dollars, and the bank may accept all submitted applications, as the minimum selling price is (94.563), and the highest acceptable return rate is (5.750%).

Treasury bills are short-term government debt instruments issued for terms ranging from 3 to 12 months. They are low-risk financial instruments and are traded in the financial markets through buying and selling.




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