Monday 21 January 2019
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dailystar lb - 8 month ago

Finance Ministry, BDL do $5.5B swap

The Finance Ministry Friday swapped $5.5 billion worth of Lebanese pound bonds held by BDL with dollar-denominated Eurobonds to meet its refinancing needs in foreign currency and to cover the cost of debt servicing until the end of 2018, the ministry said in a statement.

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