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Middle East

Lebanon to Pursue “Restructuring Without Restructuring”

While details of the government’s strategy to address the dire economic circumstances it faces are scant, analysts at Barclays believe Lebanon is likely to favour a bond swap with domestic banks over alternatives like issuing long-term FX certificates via the central bank, a move that could result in the sovereign entering Selective Default.

Storm clouds gather over Beirut

Feb 4, 2020 // 3:30AM

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