Bond Lebanese Bank 8.76% ( LBCL18018344 ) in LBP

Issuer	Lebanese Bank
Market price	100 % ▲
Country	Lebanon
ISIN code	LBCL18018344 ( in LBP )
Interest rate	8.76% per year ( payment 1 time a year)
Maturity	23/01/2025 - Bond has expired
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Minimal amount	/
Total amount	153 000 000 000 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. The LBCL18018344 bond, issued by the Bank of Lebanon, has successfully reached its maturity on January 23, 2025, and has been duly redeemed. The Bank of Lebanon, also known as Banque du Liban (BDL), serves as the central bank of Lebanon, responsible for maintaining monetary stability, managing the nation's currency, and regulating financial institutions within the country. This specific fixed-income instrument, denominated in Lebanese Pounds (LBP), carried an annual interest rate of 8.76% with payments occurring once a year, and represented a total issuance size of LBP 153,000,000,000. Issued in Lebanon, the bond's final market valuation prior to redemption stood at 100% of its par value, a clear indication of its status as it reached the end of its term. Its redemption on the scheduled maturity date underscores the fulfillment of the issuer's obligations, concluding its lifecycle within the fixed-income market.