During 2009 JMRC issued corporate bonds with a nominal value of JD (68.750) million. The total amount of corporate bonds issued by JMRC since its establishment till December 31, 2009 are JD (555.2) million.

JMRC corporate bonds outstanding balance is (169.750) million JD as at 31/12/2009. 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.

The 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 31/12/2009:

Amounts in JD

(1) year
Issue No	Nominal Value	Interest Rate%	Issue Date	Maturity Date	Denomination	%
88	4,000,000	6.225	2009/01/25	2010/01/25	1,000
89	9,750,000	5.803	2009/02/25	2010/02/25	1,000
90	3,000,000	5.850	2009/02/26	2010/02/25	1,000
91	8,000,000	4.000	2009/04/27	2010/04/27	1,000
92	5,000,000	4.130	2009/05/10	2010/05/10	1,000
94	10,000,000	4.341	2009/06/29	2010/06/29	1,000
96	3,000,000	4.489	2009/09/13	2010/09/13	1,000
97	5,000,000	4.394	2009/10/19	2010/10/19	1,000
Total	47,750,000					28.13
(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
TOTAL	4,000,000					2.36
(3) years
Issue No	Nominal Value	Interest Rate%	Issue Date	Maturity Date	Denomination	%
54	10,000,000	7.700	2007/06/20	2010/06/20	1,000
71	10,000,000	7.300	2008/02/07	2011/02/07	1,000
87	15,000,000	2.830	2008/12/30	2011/12/30	1,000
93	7,000,000	5.500	2009/06/22	2012/06/22	1,000
Total	52,000,000					30.63
(5) years
Issue No	Nominal Value	Interest Rate%	Issue Date	Maturity Date	Denomination	%
18	5,000,000	7.010	2005/04/05	2010/04/05	1,000
32	15,000,000	9.070	2005/11/10	2010/11/10	1,000
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	4.675	2007/06/28	2012/06/28	1,000
59	10,000,000	8.000	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
Total	66,000,000					38.88
Grand Total	169,750,000					100%

The following Chart shows the growth of JMRC's bonds issued during the period 1998-2009:-

The following diagram shows the tenor of the outstanding JMRC's bonds as at 31/12/2009 :-

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