Bond Lebanese Bank 13.68% ( LBCL18019508 ) in LBP

Issuer	Lebanese Bank
Market price	100 % ▲
Country	Lebanon
ISIN code	LBCL18019508 ( in LBP )
Interest rate	13.68% per year ( payment 1 time a year)
Maturity	26/03/2048
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Minimal amount	/
Total amount	4 000 000 000 LBP
Next Coupon	26/03/2026 ( In 45 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 notable fixed-income instrument currently under market observation is the bond identified by ISIN LBCL18019508, issued by the Bank of Lebanon, which, as the central bank of Lebanon, known formally as Banque du Liban, carries the crucial mandate of preserving monetary stability, overseeing the financial sector, and managing the nation's foreign exchange reserves, playing a pivotal role in influencing the economic environment and fostering trust within the Lebanese financial system. This specific obligation, denominated in Lebanese Pounds (LBP), presents an attractive annual interest rate of 13.68%, with a significant total issue size amounting to LBP 4,000,000,000, providing investors with a long-term investment horizon in the Lebanese debt market given its distant maturity date of March 26, 2048, and offering interest payments to bondholders on an annual frequency, while currently trading at 100% of its face value as per the latest market data, reflecting a par valuation.