Lebanon dollar debt rises after Qatar says it bought bonds - Reuters:
Dollar-denominated bonds issued by Lebanon’s government rose on Monday after a Qatari official said on Sunday the Gulf state had bought some of the country’s bonds.
The 2037 issue jumped more than 3 cents to trade at 79.24 cents - its highest since early May, according to Refinitiv data.
The bond buying had been part of a $500 million investment in the Lebanese economy, a Qatari government official said on Sunday. Lebanese Finance Minister Ali Hassan Khalil said the move showed Qatar’s commitment to Lebanon’s financial stability.
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