Jordan Securities Commission Registers New Securities on February 3.2011
10-Feb-2011
On February 2.2011 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 1st issuance of Jordan Treasury bonds for the year 2011 at a maturity date on January 11.2014, at a value of JD (24) million & address the Securities Depository Center (SDC) to register them.
2. Approve the registration of the 2nd issuance of Jordanian Treasury bonds for the year 2011 at a maturity date on January 16.2014, at a value of JD (21) million & address the Securities Depository Center (SDC) to register them.
3. Approve the registration of the 3rd issuance of Jordan Treasury bonds for the year 2011 at a maturity date on January 20.2014, at a value of JD (31) million & address the Securities Depository Center (SDC) to register them.