Jordan - Discount Bond
Discount Bond
Discount Bond issued under the Brady Plan debt restructuring agreement. Eligible for tendering in local privatizations.
| Obligor: | The Jordan Discount Bond Company Limited |
| Guarantor: | The Hashemite Kingdom of Jordan |
| Issue Size: | USD 157,442,166 |
| Maturity: | December 23, 2023 |
| Interest Rate: | 6-month LIBOR plus 13/16% |
| Coupon Frequency: | Semi-annual |
| Coupon Dates: | June 23 & and December 23 |
| Day Count: | 30/360 |
| Issue Date: | December 23, 1993 |
| Amortisation: | None, bullet at maturity |
| Options: | Callable at par with accrued interest on coupon dates if no default. |
| Currency: | USD only |
| Form of Instrument: | Registered securities |
| Denominations: | $250,000 and integral multiples thereof |
| Credit Rating: | Not rated |
| Principal Collateral: | 30-year zero-coupon US Treasury bonds |
| Interest Payment Collateral: | 6-month rolling interest payments guarantee at an assumed interest rate of 7% secured by USD cash or permitted investments. |
Registered Bond
| Listing: | Luxembourg |
| Bloomberg Ticker: | JORDAN |
| CUSIP: | TT3154305 |
| ISIN: | XS0048067861 |
| Common Code: | 004806786 |
| Valoren: | 170881 |
| France: | 856786 |