JORDAN
 
Jordan’s $1.25Bn Eurobond Oversubscribed
 
Jordan’s $1.25bn sovereign Eurobond was snapped up by investors last week, coming in $2.2bn oversubscribed, Minister of Finance Umayya Tuqan announced on 29 October.  The seven-year issue saw attractive pricing at a coupon of 2.503% until maturity in 2020. Interest is payable every six months until maturity.

The guarantee, provided through the US Agency for International Development, is part of an agreement...