AMMAN, Sept 8 (Reuters) - The Central Bank of Jordan (CBJ) said on Tuesday it had invited offers for six month treasury bills worth 100 million dinars ($141 million).
The Central Bank of Jordan (CBJ), acting on behalf of the government, will auction the bills to banks, investment and pension funds on Wednesday Sept. 9 Settlement will be a day later.
The bills, which are open to local and foreign investors via banks, mature on March 10, 2010.
The average yield on 50 million dinars worth of six month T-bills fell a fraction to 3.140 percent at the last auction on Sept 2, compared to 3.187 percent at the previous auction on Aug. 26.
The monetary authorities have resorted this year to issuing more T-bills and bonds to finance growing public debt.
The CBJ cut reserve requirements on commercial deposits, stopped issuing certificates of deposit since October last year and cut major benching rates to free up funds for lending to spur growth.
CBJ data showed compulsory reserves of private banks' foreign and domestic currency deposits that are held with central bank stood at 1.037 billion dinars on Tuesday.
Liquidity in the domestic money market stood at 3.719 billion dinars, including overnight deposits on Tuesday.
(Writing by Suleiman al-Khalidi; Editing by Victoria Main)

($1 = 0.709 dinar) Keywords: JORDAN DEBT/BILLS (suleiman.al-khalidi@thomsonreuters.com,Reuters Messager: suleiman.al-khalidi.reuters.com@reuters.net; +96279 5521407)

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