CBJ Bills Purchased (Open Market Operations)
Bank purchases CBJ Treasury Bills / Certificates of Deposit in the primary market.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| CBJ Bills (Short-Term Investment) | Asset (+) | 9,800,000.00 | - |
| Current Account at CBJ | Asset (−) | - | 9,800,000.00 |
💡 Accountant's Note
CBJ bills are purchased at a discount to face value. They are the safest short-term investment for banks, qualifying as Level 1 HQLA. The discount accretes to par over the instrument's life using the EIR method, generating interest income.
Practitioner & Systems Framework
💻 ERP Architecture
CBJ bill purchases are settled via RTGS directly to the CBJ. In SAP Bank Analyzer or Oracle FLEXCUBE SM, CBJ bills are set up as HTM or FVOCI instruments. Accretion of discount is automated in the interest accrual engine. CBJ bills are the primary instrument used in Jordan's interbank liquidity management.
⚠️ Audit Flags
Auditors verify CBJ bills are correctly classified as Level 1 HQLA in the LCR calculation. Bills used as repo collateral are marked as encumbered and excluded from the unencumbered HQLA buffer. The discount accretion must use the EIR method per IFRS 9.
📄 Required Documentation
CBJ auction allotment letter, purchase confirmation (RTGS settlement), discount accretion schedule, HQLA classification confirmation, and CSD holding statement.
Automate this entry with the JEH Accounting Suite
Stop doing manual entry. Our VBA-powered ERP automatically generates your ledgers, Trial Balance, and Financial Statements.
No Subscriptions. Own your data.
Expert Analysis by Qusai Ahmad
General Accountant Supervisor & IFRS Specialist
Specialized in SAP GUI automation and Middle Eastern tax compliance. Building digital tools for the next generation of finance leaders.