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.
An in-depth analysis reveals key characteristics of the bond identified by ISIN US52238PAJ84 and CUSIP 52238PAJ8, a US Dollar-denominated obligation issued by the sovereign state of Lebanon, a nation in the Middle East that has faced considerable economic and political instability significantly impacting its financial obligations; this particular bond, part of an original $750,000,000 issuance, featured an 8.5% annual interest rate paid semi-annually, reached its maturity on January 19, 2016, and carried a minimum purchase size of $100,000; crucially, the issuer has since defaulted on its obligations, leading to the cessation of all coupon payments, notwithstanding its current market price standing at 100%.
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Lebanon
US52238PAJ84 ( in USD )
