Regulatory Alerts2012-06-13
Added · Updated
General Conditions for Outright Open Market Operations
The Central Bank of Jordan activates outright open market operations to manage local liquidity by buying or selling government and government-guaranteed securities in the secondary market. Licensed banks must submit bids with a minimum nominal value of one million Jordanian Dinars, with allocations determined by highest/lowest yield or volume depending on the auction type. The Central Bank announces specific auction terms, results, and settlement details, retaining the right to adjust offered volumes, reject bids, or cancel auctions.
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