Bond Lebanese Bank 7.98% ( LBCL14015039 ) in LBP
| Issuer | Lebanese Bank |
| Market price | 100 % ▲ |
| Country | Lebanon
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| ISIN code |
LBCL14015039 ( in LBP )
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| Interest rate | 7.98% per year ( payment 1 time a year) |
| Maturity | 28/11/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 40 000 000 000 LBP |
| Detailed description |
The Bank of Lebanon is the central bank of Lebanon, responsible for issuing currency, managing monetary policy, and regulating the banking system. A recent financial update confirms the successful maturity and redemption of a specific bond issued by the Bank of Lebanon. This particular fixed-income instrument, identified by its ISIN **LBCL14015039**, reached its scheduled maturity date on **November 28, 2024**, at which point it was redeemed at its **100%** par value. Issued by the **Bank of Lebanon (Banque du Liban)**, the central bank of the Republic of Lebanon responsible for maintaining monetary stability, regulating the banking sector, and managing the country's currency, this bond originated from Lebanon. The bond, denominated in **Lebanese Pounds (LBP)**, carried an annual interest rate of **7.98%** and featured an annual payment frequency. The total size of this particular issuance was **LBP 40,000,000,000**. The successful redemption of this security underscores the fulfillment of the issuer's obligations for this specific financial instrument. |
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