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Lebanon sold $2.2bn Eurobonds

  • Lebanon: Saturday, February 23 - 2013 at 02:16

Lebanon's central bank has said it has sold $2.2bn of sovereign Eurobonds and swapped LL6trn of 2013 and 2014 certificates of deposit with longer maturity ones over the past two weeks, The Daily Star has reported. "We have significantly improved our balance sheet quantitatively. We realised all of this during the past three weeks," central bank governor, Salameh, told the Business and Financial Forum held in Beirut.

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