Bond Libanon 6.5% ( LBT170827366 ) in LBP

Issuer	Libanon
Market price	100 % ⇌
Country	Lebanon
ISIN code	LBT170827366 ( in LBP )
Interest rate	6.5% per year ( payment 1 time a year)
Maturity	13/08/2020 - Bond has expired
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Minimal amount	10 000 LBP
Total amount	400 294 000 000 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. An analysis of sovereign debt instruments reveals the specific case of the bond identified by ISIN LBT170827366, an obligation issued by Lebanon, a nation in the Levant region of Western Asia whose economy has historically navigated complex fiscal challenges and an active participation in global debt markets; this particular bond, denominated in Lebanese Pounds (LBP) and carrying an annual interest rate of 6.5%, represented a substantial total issuance volume of LBP 400,294,000,000, with individual tranches available for a minimum purchase of LBP 10,000, and having concluded its market trading at par, or 100% of its face value, successfully reached its maturity date on August 13, 2020, and was subsequently confirmed to have been fully redeemed, thereby underscoring the issuer's fulfillment of its financial commitments on this specific debt instrument.