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Eurobond prices reach 18 cents, nearly tripling since September

Some analysts believe the market is too ambitious or optimistic. Others think the trajectory of recent months speaks for itself.

Eurobond prices reach 18 cents, nearly tripling since September

A sign displaying a photo of the new president Joseph Aoun at the entrance of Hadeth (Baabda), on the day of his election on Jan. 9, 2025. (Credit: Philippe Hage Boutros/L’Orient-Le Jour)

The average price of Lebanese eurobonds — dollar-denominated bonds issued by the state — rose to 18 cents on the dollar Monday, following the formation of Prime Minister Nawaf Salam’s government, finalized Saturday. The price had closed the previous...
The average price of Lebanese eurobonds — dollar-denominated bonds issued by the state — rose to 18 cents on the dollar Monday, following the formation of Prime Minister Nawaf Salam’s government, finalized Saturday. The price had closed the previous...