A
- Advertising Agencies
- Architects


B
- Banks


C
- Car Dealers
- Car Rental
- Casinos
- Commerce
- Consulting
- Cosmetology
- Craft


D
- Data Processing &
Computer Systems
- Decoration &
Furnishing


E
- Editing
- Elementary Schools
- Engineering &
Contracting
- Environment / Waste
Management Services
- Express Delivery


F
- Fashion
- Financial Services
- Food & Beverage
- Furnished Apartments


H
- Health / Beauty
- Higher & Vocational
Training
- Home Appliances
- Hotels 3
- Hotels 4(A)
- Hotels 4(B)
- Hotels 5
- Hotel & Restaurant
Amenities


I
- Industry
- Insurance
- Interior Design /
Decoration
- Internet


J
- Jewelleries


L
- Lighting
- Luxury


M
- Media
- Music


O
- Office Equipment /
Electronics
- Oriental Carpets
- Outside Decoration


P
- Printing
- Promotional Materials


R
- Real Estate
- Recruitment
- Restaurants


S
- Sanitary Wares
- Security
- Services
- Sweets


T
- Taxi
- Telecommunication &
Mobile Phones
- Transport
- Travel Agencies
- Technical Studies


W
- Watches
- Water Treatment










 


 

Back to archives Back to news
French Version


Net public debt reached $49.9 billion

Data from the weekly report of the Byblos Bank, Lebanon This Week, shows that Lebanon net public debt has reached $49.9 billion at the end of October 2009. This improvement marks a growth of 6.1 % in comparison with the same period last year.

The study explains that national debt accounted for 57.5 % for gross public debt in the end of October 2009 in contrast with the 54.2 % done a year before. This debt was issued in foreign currency.

Furthermore commercial banks have financed 58.2 % from public debt in the October. These institutions were followed by the Central Bank who contributed for the financing of 19.4 % an improvement in comparison with the 19.8 % at the end of 2008.

The ministry of Finances has indicated that Lebanon succeeded in issuing $500 million worth in Eurobonds. The objective was to finance the Debt and public Treasury. These institutions have been doing major transfer for many years to the publicly losing company Electricité du Liban (EDL).

The issue of Eurobonds will be divided in two parties, the first having a maturity in 2015, the second in 2025. The study noted that these emissions have totalized 250 million of dollar each. She indicates that the coupons that are maturing in 2015 have an interest rate of 5.875 %, whereas the others have an interest rate of 7 %. These rates have obtained an excess of demand for national and international investors.

The minister of Finance, Raya Haffar Al-Hassan explained that with these rates and the excess of demand that the actual currency is experiencing can help in the financing of Treasury bonds who were taking maturity in 2010 with a total of $2.15 billion. Mme Hassan explains that the ministry has processed to a swap operation to finance the $2.3 billion who took maturity last march.

Beirut 09-12-2009
Karl Soued
Ebizproduction



BUSINESS
INFORMATION
Business News
Business Forum
Business Opportunities
Fairs & Exhibitions
Useful Addresses
Currency Exchange Rates
Context
GENERAL
INFORMATION
Geography
Some Marks
To see in Lebanon
FIRST LEBANON
INFORMATION
Media of 1stlebanon
Impact of 1stlebanon
Add your company
Press Book
WEBSITE SELECTION
Flowers delivery Lebanon
Flowers delivery Dubai
Oriental food specialty
Lebanese wine
Real estate agency Beirut
Hotel Hamra-Beirut
Car rental
Beirut-Lebanon
Rent a car lebanon
Reservation for your travel in Lebanon
Association des français de l'étranger
-section Liban
Diamond jewelry Lebanon
Jewelry manufacturer Lebanon
Jewelry watches-Swiss made watches
Diamond Swiss watches
Modern and comtemporary jewelry
Byzantine & Phoenician jewelry
Jewelry creation
Oriental, classical and traditional decoration
Hand made furniture
Construction management Lebanon
Projects development
Shoes manufacturer and distributor Lebanon
Sole agent of Philips & Whirlpool in Lebanon
Web development
Web marketing
Printing press services
Paper products
Insurance company Lebanon
Insurance Lebanon
Rent villas France
Hotels all over Syria
Hotel management company
University Lebanon
Arab Media News