عربي English
HomeAbout UsMembersStatisticsPublicationsNewsEventsGalleryContact UsMembers Area
ADI 5092.427 (AED)  -0.59% | AMGNRLX 1822.12 (JOD)  -0.18% | BAX 1160.94 (BHD)  1.35% | BLSI 1207.903 (USD)  0.06% | MASI 10564.6172 (MAD)  -0.15% | DFMGI 3274.06 (AED)  -0.15% | EGX30 10688.16 (EGP)  4.52% | ISX 72.01 (IQD)  0% | KWSE 5275.04 (KWD)  -0.18% | MSI 6317.66 (OMR)  -0.55% | PLE 483.41 (JOD)  -0.01% | QE 12282.17 (QAR)  -0.42% | TASI 9717.9 (SAR)  -0.65% | TUNINDEX 5585.19 (TND)  0.45% | SPAFEUP 64.11 (USD)  -0.02%
Source: Thomson Reuters.   Last updated on Sep 23, 2019 at 08:03AM (UTC).   Delayed by at least 15 minutes.
First Palestinian Commercial Bond Starts Trading
Sep 01, 2014
September 1, 2014, marked a historical milestone for Palestine Exchange (PEX). The First traded Palestinian bond was listed in the debt instrument sector under the symbol PCB01.

Mr. Ahmad Aweidah, CEO of PEX said that PEX is always eager and capable of listing new investment instruments thanks to its modern regulation, state-of-the-art technology and highly skilled personnel. He hoped that this listing will enhance the market's liquidity.

The Palestine Commercial Bank issued 10 thousand bonds of $1000 each to raise its capital; the bond maturity is 5 years with a semiannual coupon of 6.5%.

The bonds will be converted into stocks upon maturity in 2019 as per the issuance prospectus.

PEX.jpg