Bond Lebanese Bank 11.8% ( LBCL18018476 ) in LBP

Issuer	Lebanese Bank
Market price	100 % ▲
Country	Lebanon
ISIN code	LBCL18018476 ( in LBP )
Interest rate	11.8% per year ( payment 1 time a year)
Maturity	02/01/2048
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Minimal amount	/
Total amount	16 000 000 000 LBP
Next Coupon	02/01/2027 ( In 327 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. An in-depth analysis of a specific fixed-income instrument reveals details of a bond (ISIN: LBCL18018476) issued by the Bank of Lebanon, which serves as the central bank of Lebanon, responsible for maintaining monetary stability and regulating the financial sector within the country of issuance. This bond, denominated in Lebanese Pounds (LBP), currently trades at a market price of 100% of its par value and offers a substantial annual interest rate of 11.8%, with the total size of this particular issue amounting to 16,000,000,000 LBP and its long-term maturity date set for January 2, 2048, with interest payments scheduled once per year.