Bond Libanon 6.74% ( LBT180886600 ) in LBP

Issuer Libanon
Market price 100 %  ⇌ 
Country  Lebanon
ISIN code  LBT180886600 ( in LBP )
Interest rate 6.74% per year ( payment 1 time a year)
Maturity 28/09/2023 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 10 000 LBP
Total amount 75 017 500 000 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.

A Lebanese sovereign bond, identified by ISIN LBT180886600, has successfully reached its maturity and been fully redeemed, as confirmed by its reported market price of 100% at the time of repayment. This fixed-income instrument, denominated in Lebanese Pounds (LBP), carried a coupon rate of 6.74% with interest payments structured on an annual frequency. The total issuance size for this obligation amounted to LBP 75,017,500,000, and it was available for purchase with a minimum acquisition size of LBP 10,000. The Republic of Lebanon, the issuing entity and country of issuance, presents a unique and often challenging profile within the global sovereign debt market. The nation has grappled with significant economic and financial crises in recent years, including a substantial depreciation of its national currency, the Lebanese Pound (LBP), and challenges related to its public debt sustainability. As a sovereign issuer, Lebanon's capacity and strategy for debt management are under constant scrutiny, particularly following its default on foreign currency Eurobonds in 2020. This specific bond's successful repayment, therefore, stands as an isolated event within a broader, more complex narrative of Lebanon's financial landscape, highlighting the distinction between various tranches and types of its outstanding obligations. As of its maturity date, September 28, 2023, this bond was fully repaid, signifying the fulfillment of the issuer's obligation for this particular debt instrument.