Jordan Securities Commission Registers New Securities on January 9.2011
09-Jan-2011
On January 5.2011 Jordan Securities Commission (JSC) represented by its Board of Commissioners & chaired by Dr. Bassam Saket, decided to approve new securities registration. Provisions of Article (5) of the Securities Law No. (76) for the year 2002 stipulates that: ‘Every Issuer in the Kingdom shall submit to the Commission an application for registering securities therewith in accordance with the instructions issued by the Board’. By virtue of this article every issuer of securities is obliged to submit to the (JSC) an application to register these securities & to have (JSC) prior approval.
The Board of Commissioners approved the following:
1. Approve the registration of the 56th issuance of Jordanian treasury bonds for the year 2010 at a maturity date on December 20. 2013, at a value of JD (100) million & address the Securities Depository Center (SDC) to register them.
2. Approve the registration of the 34th issuance of Jordanian treasury bills for the year 2010 at a maturity date on June 23. 2011, at a value of JD (100) million & address the Securities Depository Center (SDC) to register them.
3. Approve the registration of the 35th issuance of Jordanian treasury bills for the year 2010 at a maturity date on June 27. 2011, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
4. Approve the registration of the 55th issuance of Jordanian treasury bonds for the year 2010 at a maturity date on December 16. 2013, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
5. Approve the registration of the 49th issuance of Water Authority bonds at a maturity date on December 22. 2013, at a value of JD (44.480) million & address the Securities Depository Center (SDC) to register them.
6. Approve the registration of the 50th issuance of Water Authority bonds at a maturity date on December 26. 2013, at a value of JD (45) million & address the Securities Depository Center (SDC) to register them.