Bond Libanon 7.08% ( LBT170811840 ) in LBP

Issuer	Libanon
Market price	100 % ⇌
Country	Lebanon
ISIN code	LBT170811840 ( in LBP )
Interest rate	7.08% per year ( payment 1 time a year)
Maturity	18/04/2024 - Bond has expired
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Minimal amount	10 000 LBP
Total amount	100 452 000 000 LBP
Detailed description	Lebanon is a small, culturally diverse country in the Levant region of Western Asia, known for its ancient history, significant religious sites, and its current political and economic instability. The LBT170811840 bond, a sovereign debt instrument issued by the Republic of Lebanon, a Middle Eastern nation characterized by its complex economic landscape often impacted by regional geopolitics and domestic financial challenges, successfully reached its maturity on April 18, 2024, and has been fully repaid. This obligation, denominated in Lebanese Pounds (LBP) and featuring an annual interest rate of 7.08% with a single annual payment frequency, represented a total issuance size of LBP 100,452,000,000 and was initially available for purchase in minimum units of LBP 10,000, maintaining a par value of 100% on the market prior to its recent redemption, thereby completing this specific financial commitment from the Lebanese government.