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Source: Thomson Reuters.   Last updated on Jan 23, 2019 at 21:14PM (UTC).   Delayed by at least 15 minutes.
Palestine Exchange and Palestine Commercial Bank Sign Listing Agreement
Aug 11, 2014
The listing agreement of the first traded Palestinian bond was signed on August 11th 2014 between Palestine Exchange (PEX) and Palestine Commercial Bank, the bond shall be listed on the bonds market at PEX and will start trading September 1st 2014 under the symbol (PCB01).
 
The Palestine Commercial Bank issued 10 thousand bonds of $1000 each to raise its capital, the bond maturity is 5 years with a coupon of 6.5% distributed semiannually and shall be converted into stocks upon maturity in 2019 as per the prospectus.

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