“CBJ” to Launch the Public Individual Saving Bonds

At Fixed Interest Rate of 4.25% for 5 years

تم نشره في Sat 21 May / May 2016. 12:00 AM
  • central Bank of Jordan (CBJ) Quarters, Amman - (Archives)

AMMAN —Al Ghad— The Central Bank of Jordan (CBJ), on behalf of the government and the Ministry of Finance, announced in a communique issued today, Sunday, the offering of the first issuance of “Individual Savings Bond (ISB)” available for public subscription, in order to provide the individual public with secure long and mid-term saving instruments with fixed returns at an interest rate of 4.25 per cent for 5 years, due on July 3rd, 2021.

Interest payable will be met in two equal bi-annual payments on ISBs, ranging from JOD500 minimum subscription value to JOD100 thousand tops, with reassured high liquidity.

CBJ announced also that the doors to subscription for the Savings Bonds open on the 25th of May through the 25th of June, 2016, via website WWW.CBJ.GOV.JO; while payments can be facilitated through the electronic environment developed by the Bank, integrated with efawateercom and SWIFT systems.