Bond Libanon 0% ( LBT212036067 ) in LBP

Issuer	Libanon
Market price	100 % ⇌
Country	Lebanon
ISIN code	LBT212036067 ( in LBP )
Interest rate	0%
Maturity	10/02/2022 - Bond has expired
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Minimal amount	10 000 LBP
Total amount	12 000 000 000 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 sovereign debt instrument, ISIN Code LBT212036067, issued by Lebanon, the nation of its emission, has successfully reached its scheduled maturity on February 10, 2022, and was subsequently fully repaid at 100% of its nominal value, confirming the fulfillment of this specific financial obligation by the issuer. This particular bond, denominated in Lebanese Pounds (LBP) and part of a total issuance valued at LBP 12,000,000,000, was characterized by a zero interest rate and a minimum purchase denomination of LBP 10,000, with its single payment frequency indicating a pure principal repayment at redemption. For Lebanon, an issuer navigating complex financial landscapes, the successful redemption of this bond provides a concrete example of its adherence to debt service responsibilities for specific instruments, assuring investors of the repayment of their principal on this matured obligation.