Khaberni - The Ministry of Finance completed the payment of the due Eurobond bonds at the end of the current January after early repayment of part of the bonds under borrowing at a lower cost and better conditions that help reduce the debt service burden in the short and medium term.
The Ministry of Finance stated that it completed the redemption (payment) of Eurobond bonds due in January 2026, which were borrowed on November 10, 2015, with an amount of one billion dollars and an interest rate of 6.125 percent.
The ministry added that an amount of $612 million and accrued interest were paid in the current January, while it was paid early in November of last year, for the first time in decades, for part of these bonds with a total value of $388 million to save part of the interest due on the bonds.
The full repayment amount was funded through the issuance of Eurobond bonds worth $700 million in November 2025, with a competitive interest rate of 5.75 percent for a term of 7 years and at the lowest margin on international bonds issued over the past decades.
It was also funded through a package of concessional loans and the issuance of Islamic Sukuk with an average interest rate of 5 to 5.5 percent obtained by the government during the past year, and part of the proceeds from the issuance of Eurobonds and concessional loans was deposited at the Central Bank of Jordan for use in repaying the Eurobonds due this year.
According to the Ministry of Finance, this measure comes within the framework of implementing the public debt management strategy adopted by the government, aimed at replacing high-cost debt with concessional debt, which reduces the burden of servicing public debt on the budget, decreases the government's financing needs in the medium term and affirms the sustainability of the debt and the government's ability to meet its obligations, contributing to putting the debt trajectory on a downward path as a percentage of the Gross Domestic Product.
