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Data from the Central Bank of Jordan showed that the government borrowed $700 million through the issuance of treasury bonds, the results of which appeared on Thursday.
According to the bank's data, the maturity of the $700 million bonds will be on the first of October 2031.
The results of the fifth issue published on the Central Bank of Jordan's website indicated that the interest rate on the bond borrowing reached 6.5%.
Treasury bonds are long-term financing instruments with maturities ranging from two to twenty years, and vary between government/treasury bonds and bonds issued by companies.
Treasury notes are short-term government debt instruments issued for terms ranging from 3 to 12 months, and are characterized as low-risk financial instruments, traded in financial markets for buying and selling.
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