Bond Libanon 0% ( LBT190918120 ) in LBP

Issuer	Libanon
Market price	100 % ⇌
Country	Lebanon
ISIN code	LBT190918120 ( in LBP )
Interest rate	0%
Maturity	14/05/2020 - Bond has expired
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Minimal amount	10 000 LBP
Total amount	13 558 000 000 LBP
Detailed description	Lebanon is a small, culturally diverse country in the Levant region of Western Asia, known for its ancient history, significant religious sites, and its current political and economic instability. A detailed financial overview of the Lebanese bond market reveals the recent maturity and full repayment of the LBT190918120 zero-coupon bond, an instrument issued by the Republic of Lebanon, a sovereign entity crucial to the Middle Eastern financial landscape that typically leverages its bond issuances, in both local and foreign currencies, to fund public initiatives; identified by its ISIN LBT190918120, this specific debt security was denominated in Lebanese Pounds (LBP) and, consistent with its zero-coupon nature, carried a 0% interest rate, implying that its value appreciation for investors derived from the discount at which it was initially purchased relative to its face value, which was fully paid at maturity; with a total issuance size of LBP 13,558,000,000 and a minimum purchase increment of LBP 10,000, the bond reached its maturity on May 14, 2020, at which point it underwent its singular contractual payment, being redeemed at 100% of its par value, thus confirming its successful settlement to all bondholders.