Bond Lebanese Bank 7.56% ( LBCL16016704 ) in LBP

Issuer	Lebanese Bank
Market price	100 % ▲
Country	Lebanon
ISIN code	LBCL16016704 ( in LBP )
Interest rate	7.56% per year ( payment 1 time a year)
Maturity	04/05/2028
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Minimal amount	/
Total amount	20 000 000 000 LBP
Next Coupon	04/05/2026 ( In 84 days )
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 bond, identified by the ISIN LBCL16016704, has been issued by the Bank of Lebanon. This fixed-income instrument, denominated in Lebanese Pounds (LBP), carries an annual interest rate of 7.56% and is set to mature on May 4, 2028. The total size of this issuance stands at LBP 20,000,000,000, with payments scheduled once per year. The bond is currently trading at its par value, representing 100% of its market price. The Bank of Lebanon, the issuer of this debt instrument, is the central bank of Lebanon, established on August 1, 1963. Its core mandate encompasses maintaining monetary stability, managing the nation's foreign exchange reserves, regulating the financial sector, and supervising banking operations within Lebanon, thus serving as a cornerstone of the country's financial system and the sole authority for issuing its national currency from its base in Lebanon.