Financial And Banking

LOANS AND ISSUES

Lebanese Bonds Well Received 

The Lebanese government last week issued treasury bills to the general public for the first time and raised about LL300mn ($15.5mn). The bonds, issued through the Banque du Liban, have previously only been available to commercial banks. Over the past month, the banks have expressed serious reservations about the pricing of these instruments, and have become increasingly unwilling to take up enough of the weekly...