Jordan Central Bank T-bond auction falls short

17 July 2010

The Jordanian central bank has said it only sold JD42.7m of JD50m worth of treasury bonds in an auction of two-year T-bonds, Reuters has reported. The auction average yields rise to 4.938% compared with 4.844% at the previous sale this month. The sale was oversubscribed with offers worth JD102.7m, but only yields ranging from 4.94% to 5% were accepted, the central bank said. The bonds mature on July 15, 2012.

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