During 2010 JMRC issued corporate bonds with a nominal value of JD (73.75) million. The total amount of corporate bonds issued by JMRC since its establishment till December 31, 2010 are JD (628.95) million.

JMRC corporate bonds outstanding balance is (140.75) million JD as at 31/12/2010. JMRC has issued its corporate bonds through private and public subscription.

JMRC bonds are unsecured but 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 at the end of each quarter through the life of these loans.

he interest rates on JMRC bonds reflected the low risks associated with JMRC issues of these bonds.

  The following table shows the outstanding JMRC corporate bonds as at 31/12/2010 :

Amounts in JD

(1) year
Issue No	Nominal Value	Interest Rate%	Issue Date	Maturity Date	Denomination	%
99	8,750,000	3.153	2010/02/25	2011/02/24	1,000
100	5,000,000	3.153	2010/03/01	2011/03/01	1,000
102	8,000,000	3.050	2010/04/27	2011/04/27	1,000
103	5,000,000	3.250	2010/05/10	2011/05/10	1,000
104	5,000,000	3.690	2010/05/20	2011/05/19	1,000
106	3,000,000	4.100	2010/07/28	2011/07/28	1,000
107	4,000,000	3.076	2010/10/19	2011/10/19	1,000
Total	38,750,000					27.53
(2) Years
Issue No	Nominal Value	Interest Rate %	Issue Date	Maturity Date	Denomination
95	4,000,000	4.875	2009/07/06	2011/07/06	1,000
105	7,000,000	4.997	2010/06/13	2012/06/13	1,000
TOTAL	11,000,000					7.82
(3) years
Issue No	Nominal Value	Interest Rate%	Issue Date	Maturity Date	Denomination	%
71	10,000,000	7.300	2008/02/07	2011/02/07	1,000
93	17,000,000	5.500	2009/06/22	2012/06/22	1,000
98	10,000,000	5.108	2010/02/18	2013/02/18	1,000
108	15,000,000	4.955	2010/11/10	2013/11/10	1,000
Total	52,000,000					36.94
(5) years
Issue No	Nominal Value	Interest Rate%	Issue Date	Maturity Date	Denomination	%
40	5,000,000	7.550	2006/05/31	2011/05/31	1,000
51	5,000,000	8.000	2007/05/27	2012/05/27	1,000
52	4,000,000	8.000	2007/05/27	2012/05/27	1,000
58	3,000,000	3.922	2007/06/28	2012/06/28	1,000
60	5,000,000	8.000	2007/07/30	2012/07/30	1,000
65	4,000,000	7.900	2007/10/21	2012/10/21	1,000
67	5,000,000	8.000	2007/12/05	2012/12/05	1,000
77	5,000,000	8.300	2008/06/23	2013/06/23	1,000
101	3,000,000	5.422	2010/04/12	2015/04/12	1,000
Total	39,000,000					27.71
Grand Total	140,750,000					100

The following Chart shows the growth of JMRC's bonds issued during the period 1998 – 2010 :

The following diagram shows the tenor of the outstanding JMRC's bonds as at 31/12/2010 :-

The following diagram shows the tenor of the JMRC's bonds issued since inception :-