VOL. XLIII

No. 44

30-OCTOBER-2000

LEBANON

BoB To Market First Fixed-Income Fund Investing In Lebanese Sovereign Eurobonds

The Bank of Beirut (BoB) announced on 23 October that it will start marketing the first fixed-income fund that invests exclusively in Lebanese sovereign eurobonds. Subscription in the fund will close on 15 November. According to Beiruts The Daily Star, Sami Saliba, the banks financial controller, predicted a strong demand for the fund, which is to be marketed domestically and...