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Value of treasury bonds increase by 18 percent in 2021

bonds
(Photo: Envato Elements)
AMMAN — The value of government treasury bonds and bills issued by the Central Bank of Jordan to the government increased by 18 percent in 2021 compared to the preceding year, according to Al-Ghad News.اضافة اعلان

The total value of government treasury bonds and bills in the last 12 months was JD3.95 billion, compared to JD3.35 billion in 2020. This sum was distributed between JD3.65 billion as treasury bonds and JD300 million as treasury bills.

The government did not issue bonds or treasury bills during the June–August period of 2020, during the closures as a result of the COVID-19 pandemic.

The government sold treasury bills with a total value of JD50 million, for a period of six months, at an interest rate of 2.38 percent, in addition to a treasury bond of JD50 million for a period of two years, at an interest rate of 3.25 percent.

The total value of treasury bonds and bills issued by the government in 2020 decreased by 26 percent, an amount of JD1.25 billion, compared to the same period in 2019, according to the Central Bank.

The total value of treasury bonds and bills, through which the government finances its deficit, reached JD3.55 billion during 2021, compared to JD4.8 billion in the same period in 2019.

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