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ItalianoBond Lebanese Bank 8.52% ( LBCL18018401 ) in LBP
| Issuer | Lebanese Bank |
| Market price | 100 % ▲ |
| Country |  Lebanon
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| ISIN code |
 LBCL18018401 ( in LBP )
|
| Interest rate | 8.52% per year ( payment 1 time a year) |
| Maturity | 24/01/2025 - Bond has expired |
|
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 | 257 000 000 000 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 significant financial event has concluded with the successful maturity and redemption of the LBCL18018401 bond, an obligation issued by the Bank of Lebanon, the central bank and primary monetary authority of Lebanon, responsible for overseeing the nation's financial system and currency stability. This bond, denominated in Lebanese Pounds (LBP) and representing a total issuance size of LBP 257,000,000,000, featured an annual interest rate of 8.52% and reached its scheduled maturity date of January 24, 2025, whereupon it was fully reimbursed at its par value of 100%. |