The Beirut Corniche. (Credit: J.R.B.)
BEIRUT — Lebanese eurobond prices have climbed to 29 cents-on the dollar on Thursday at closing, up from 23.4 cents at the end of Dec. 2025, marking their highest level since the government defaulted on its $31 billion sovereign debt in March 2020, at the heights of the economic crisis.The country’s battered bonds (dollar-denominated debt securities) began rallying as early as September 2024, when Israel’s conflict with Hezbollah escalated into a fully-fledged war.Investors had been betting on Hezbollah’s weakening and an improved economic outlook. Take a look back Bisat urges shift of Lebanese economy from rentier model to productive, investment-led one The momentum, however, had paused by Mid-Nov. 2025, in the aftermath of the Beirut One Conference, when visiting funds were left disappointed by the slow pace of reforms and the...
BEIRUT — Lebanese eurobond prices have climbed to 29 cents-on the dollar on Thursday at closing, up from 23.4 cents at the end of Dec. 2025, marking their highest level since the government defaulted on its $31 billion sovereign debt in March 2020, at the heights of the economic crisis.The country’s battered bonds (dollar-denominated debt securities) began rallying as early as September 2024, when Israel’s conflict with Hezbollah escalated into a fully-fledged war.Investors had been betting on Hezbollah’s weakening and an improved economic outlook. Take a look back Bisat urges shift of Lebanese economy from rentier model to productive, investment-led one The momentum, however, had paused by Mid-Nov. 2025, in the aftermath of the Beirut One Conference, when visiting funds were left disappointed by the slow pace of reforms and...
