Middle East Economic Survey


No 5



Lebanon To Issue $200Mn BondsThe Lebanese government plans to issue two five-year and seven-year bonds for LL 300bn ($200mn) shortly, the Finance Minister Jihad Az'ur told the daily al-Nahar of 23 January. The bonds were part of a new program that would see four issues in the local currency each year, according to Mr Az'ur, adding that the purpose of these issues was to gradually alter the money market in order to create a...