Markets

Lebanon bond price falls no cause for concern

Published November 6, 2017 Updated November 6, 2017 01:26pm

"The movement in the market is natural after the resignation of the government and does not reflect the presence of a problem," he said.

Lebanese dollar bond prices fell across the curve and credit default swaps jumped on Monday after Prime Minister Saad al-Hariri's surprise resignation over the weekend threw the country into a fresh political crisis.

 

Copyright Reuters, 2017