Board's Decisions at 3/10/2018

03-Oct-2018

- Approving the registration of bonds arising from the reopening of the sixteenth issuance for the second time at a value of  JD 50 million at a maturity of 26/8/2025,hence the balance of the existing outstanding issuance JD 200 million which is full covered issuance according to the issuance conditions and addressing the Securities Depository Center to register the sold part at a value of JD 50 million.
         
- Approving the registration of the 17th issuance of Treasury Bonds for the year 2018 at a value of JD 150 million at a maturity of 18/9/2020 with an option to be reopened in the future with an amount not exceeding JD 200 million according to the issuance conditions, and addressing the Securities Depository Center to register the sold bonds at a value of JD 150 million, provided that registration of bonds arising from the reopening of the issuance shall be considered upon the Ministry of Finance request.

- The Board decided the following:

First: registering the 18th issuance of Treasury Bills for the year 2018 at a maturity of 23/12/2018 at a value of JD 25 million, registering the 19th issuance of Treasury Bills at a maturity of 23/3/2019 at a value of JD 25 million, and registering the 20th issuance of Treasury Bills for the year 2018 at a maturity of 23/9/2019 at a value of JD 25 million and addressing  the Securities Depository Center.

Second: registering the Bonds arising from the reopening of the 14th issuance at a value of  JD 75 million at a maturity of 19/7/202. Hence the balance of the existing outstanding issuance amounted to JD 175 million according to the issuance conditions and addressing the Securities Depository Center to register the sold part at a value of JD 75 million.

- Granting International Brokerage and Financial Markets Company a license to perform the activities of introducing broker in foreign stock exchanges, taking into account the following conditions:

• Paying the prescribed fees of JD 500
• Submitting a bank guarantee to the order of the Commission at a value JD 150 thousand as specified by the Board.
• Providing the Commission with  the requirements  stipulated in Article (6) of the Instructions of Regulating the Dealing of Financial Services Companies at Foreign Stock Exchanges.

- Granting Arab Jordan Investment Bank a license to perform the custodian activities in condition of paying the prescribed fees at a value of JD 1500 pursuant to the provisions of article (3/A) of the Instructions of Financial Services Licensing and Registration for the year 2005.