Jordan Securities Commission Board of Commissioners Decisions on March 14.2013

14-Mar-2013

On March 5.2013, Jordan Securities Commission (JSC) Board of Commissioners chaired by H.E Mr. Mohammed Saleh Hourani, decided by virtue of the provisions of Article (5) of the Securities Law No. (76) for the year 2002 to approve the registration of the following securities & to address the Securities Depository Center (SDC) to register them:

Second issuance of Jordanian Treasury Bills for the year 2013 at a maturity date on February 14.2014, at a value of JD (50) million.
Eighth issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on February 18.2015, at a value of JD (80) million.
The Corporate Bond of Jordan Mortgage Refinance at a nominal value of JD (107) million for a maximum period of (15) years, via non public offer to a number of investors stated in the Specific Terms of this Corporate Bond in terms of the following: 
Trade it Over the Counter (OTC), at the Custodian & delist it at the Amman Stock Exchange (ASE). The number of subscribers &/or holders of it must not exceed at any time & until the maturity date (30) person.
Fees must be settled duly.
By virtue of the provisions of Article (73) of the Securities Law No. (76) for the year 2002, the Board of Commissioners decided also, to approve the “Instructions to Attract, Select & Assign (ASE) Employees” after introducing some amendments thereto.