Bond Lebanese Bank 11.88% ( LBCL18019367 ) in LBP

Issuer	Lebanese Bank
Market price	100 % ▲
Country	Lebanon
ISIN code	LBCL18019367 ( in LBP )
Interest rate	11.88% per year ( payment 1 time a year)
Maturity	30/03/2033
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	16 000 000 000 LBP
Next Coupon	30/03/2026 ( In 49 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 the fixed-income instrument bearing ISIN LBCL18019367, issued by the Bank of Lebanon, provides key insights into a significant offering in the Lebanese financial landscape. The Bank of Lebanon, formally known as Banque du Liban (BdL), serves as the central bank of the Republic of Lebanon, holding the primary responsibility for formulating and implementing monetary policy, ensuring the stability of the national currency, managing the country's foreign exchange reserves, and supervising the banking and financial sectors. As the issuer, BdL plays a crucial role in maintaining financial stability and liquidity within the Lebanese economy. This particular bond, a debt security with a maturity date set for March 30, 2033, offers investors an annual interest rate of 11.88%. Denominated in Lebanese Pounds (LBP), the total size of this bond issuance stands at LBP 16,000,000,000. With an annual payment frequency, the bond is currently quoted at 100% of its face value in the market, indicating it is trading at par.