In the field of issuing loan bonds
In the area of refinancing of housing loans
In The Area of Issuing Bonds
During the first quarter In 2024 JMRC issued two bonds with a nominal value of (20) million JD. The total amount of JMRC bonds issued since inception till 31/3/2024 is (2.454) billion JD.
JMRC bonds outstanding balance is (468) million JD as at 31/3/2024.
JMRC has issued its bonds through private subscription.
JMRC bonds are collateralized by the Company’s assets, which include the refinance loan portfolio, which in turn is collateralized by mortgage deeds duly transferred to the order of JMRC which its value exceeds (120%) of the outstanding balance of the Company’s loans through the life of these loans.
The following table shows the outstanding JMRC bonds issued as at 31/03/2024 :
(1) Year & more
| Total | Nominal Value | Percentage of the total % |
|---|---|---|
| 35,000,000 | 7.48 |
(2) years
| Total | Nominal Value | Percentage of the total % |
|---|---|---|
| 58,500,000 | 12.50 |
(3) years
| Total | Nominal Value | Percentage of the total % |
|---|---|---|
| 185,500,000 | 39.64 |
(5) years
| Total | Nominal Value | Percentage of the total % |
|---|---|---|
| 109,000,000 | 23.29 |
(7) years
| Total | Nominal Value | Percentage of the total % |
|---|---|---|
| 80,000,000 | 17.09 |
total
| Total Grand | |
|---|---|
| 468,000,000 | %100 |
Distributing the company's issues of loan bonds
The growth of JMRC's bonds
Million dinars
- For a (1) year
- For a (2) years
- For a (3) years
- For a (5) years
- For a (7) years