Middle East Economic Survey

VOL. XLVII

No 35

30-August-2004

JORDAN

CAPITAL MARKETS

Jordinvest Completes Placement Of Bonds For RJ

Jordinvest has completed the management and placement of a public offering of two five-year bond issues, denominated in Jordanian dinars and US dollars, amounting to JD40mn on behalf of Royal Jordanian (RJ) airlines, according to The Jordan Times on 17 August. The Jordanian issue of JD33.795mn ($47.6mn) was placed at a fixed rate of 6% annually for the first three years,...