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FinancialNews
01-12-19
Lebanon: central bank to pay buyers of its Eurobond USD 1.5 billion
(MENAFN) The buyers of Lebanon's central bank's Eurobond were paid USD 1.5 billion that were due on Thursday and according to Elnashra the eight-year Eurobond has a give up rate of 5.45 percent.
Lebanese experts earlier expressed their fears about Lebanon's probable default on the Eurobond because of the financial crisis happening in the country.
Lebanon has to pay for three Eurobonds in 2020, counting USD 1.2 billion in March, USD 700 million in April and USD 600 million in June.
MENAFN0112201900450000ID1099351232
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