Bond Lebanese Bank 6.85% ( LBCU16002935 ) in USD

Issuer	Lebanese Bank
Market price	100 % ▲
Country	Lebanon
ISIN code	LBCU16002935 ( in USD )
Interest rate	6.85% per year ( payment 2 times a year)
Maturity	20/09/2029
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Minimal amount	/
Total amount	244 000 000 USD
Next Coupon	20/03/2026 ( In 39 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 informative financial article details a specific bond, identifiable by ISIN LBCU16002935, issued by the Bank of Lebanon, which serves as the central bank of Lebanon, responsible for maintaining monetary stability and overseeing the financial system within the country. This particular debt instrument, issued from Lebanon and denominated in US Dollars (USD), offers investors an annual interest rate of 6.85% with coupon payments scheduled semi-annually. The bond boasts a substantial total issue size of 244,000,000 USD and is set to mature on September 20, 2029, currently trading at 100% of its par value on the market.