Greetings, 

In light of the workshop held by the SDC on 26/11/2025, which aimed to view this project and to review the mechanism through which the financial settlements of corporate bond prices, inclusive of interest, will be executed from all legislative, procedural, and technical aspects, in a manner that ensures the accuracy and reliability of this process, safeguards the rights of the parties concerned with such transactions, and comprehensively mitigates the risks associated with this aspect.
 

Pursuant to the decision of the Board of Directors of the Securities Depository Center taken on 11/12/2025, which approved the enforcement and commencement of implementation as of 01/01/2026 of the package of legislative amendments submitted by the SDC to the Jordan Securities Commission, which are Articles (65), (66), (67), (76), (135), and (136/C) of the Instructions for the Registration, Deposit, and Settlement of Securities for the year 2017, which were ratified by the Board of Commissioners of the Jordan Securities Commission under its Decision No. (371/2025) dated 29/10/2025. These amendments primarily aim to establish the regulatory framework for the settlement of corporate bond prices through the SDC, inclusive of the interest due to the selling client.
 

We would like to inform you that, as of 01/01/2026, the SDC will implement the developed securities price settlement cycle, which will include the completion of financial settlements related to corporate bond prices based on the value of trading contracts received from the market, in addition to the value of the accrued and due interest payable to the selling client. Such interest will be calculated by the SDC and added to the value of the trading contract for the purposes of financial settlement, in accordance with the calculation formula designed and developed by the SDC, based on the interest rate specified in the prospectus, the holding period of ownership since the last interest distribution on the maturity date, and in accordance with the terms of issuance.
 

Accordingly, please take note of the contents of this memo, which include the launch date and commencement of the implementation of the project for executing the settlement of corporate bond prices inclusive of interest. Please be advised that the electronic systems developed by us for this purpose will be made available for your use concurrently therewith. You may also review the amended version of the Instructions for the Registration, Deposit, and Settlement of Securities for the year 2017 through the website of the Securities Depository Center.