Lebanese bonds tumble as uncertainty increases

"Lebanese debt is currently trading at a large discount and investors have already priced in a restructuring," Saeb El Zein, a financial markets expert told Annahar.
by Georgi Azar

31 January 2020 | 17:45

Source: by Annahar

  • by Georgi Azar
  • Source: Annahar
  • Last update: 31 January 2020 | 17:45

A protestor lashes out at a bank in downtown Beirut after imposing informal capital controls (AP)

BEIRUT: Lebanon's bonds took a hard hit this week with the price of the $1.2bn security due in March hovering around a record low of 78.6, highlighting the need for an orderly restructuring of the...
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