Lebanon bonds


The Emir of Qatar’s first-ever visit to Lebanon took place on Sunday where he pledged to help the struggling nation. Qatar has announced that it will support Lebanon by buying US$500 million worth of Lebanese government bonds. According to Bloomberg, Lebanon’s struggling economy needs a cash injection to reassure bond holders over the possibility of debt restructuring. Finance Minister Ali Hasan Khalil shook bond markets recently when he told a newspaper the country may restructure…