VOL. XLII

No. 20

17-May-1999

JORDAN

Thomson Financial Bank Watch Assigns Jordans Housing BankRatings

International ratings agency Thomson Financial BankWatch(TFBW) announced on 11 May that it had assigned debt ratings to JordansHousing Bank, as follows:

Short-Term Local Currency Debt Rating Assigned LC-1

Senior Debt Rating AssignedB+

Senior Local Currency Debt Rating Assigned LC-AA-

Mr. Nicolas Photiades, Vice President with TFBW, said in astatement that the ratings reflect the "strong support from...