Monday, January 21, 2019

Qatar to buy $500 million in Eurobonds. Doha says it is committed to support Lebanon


Qatar will purchase Lebanese government bonds denominated in the U.S. dollar worth $500 million, said Qatari Deputy Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman Al Thani.

"We are committed to support the Lebanese economy and people in light of great challenges," Al Thani said.

Earlier this month, the country's dollar-denominated bonds (Eurobonds) witnessed a heavy sell-off and their prices plunged following a controversial statement by Caretaker Minister...

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