US Insures Jordan Loans
Jordan and the US on 14 August signed a Loan Guarantee Agreement, under which the US would guarantee repayment of principal and interest on the issuance of up to $1.25bn of seven-year Jordanian sovereign bonds.
Jordanian Prime Minister ‘Abd Allah al-Nusur said the guarantee, which aims to support his country’s economic and financial reform efforts, will allow Jordan to obtain external financing at competitive interest...