(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
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.