Jordan plans a $1bn Eurobond in October, Finance Minister ‘Umar Malhas announced on 24 September. Roadshows to market the debt, which Jordan expects will have a tenor of 10 years with the possibility of an additional 30-year tranche, are already underway. JP Morgan and Citi will lead-manage.

Amman is tapping the international debt market to refinance maturing debt and meet other fiscal obligations as stipulated in the borrowing limits set out in the 2017 budget (MEES, 5 May). In April...