Lebanon’s gross public debt registered a yearly increase of 4.90%, to reach $76.46B by June 2017. In details, debt in local currency, LBP, grasping around 61.2% of the total gross public debt, rose by 6.46% y-o-y to $46.80B, and debt in foreign currency increased 2.54% y-o-y to $29.66B by June 2017.
Lebanese commercial banks constituted the largest holders of local currency debt, with a share of 42.9%, while BDL and other non-financial sectors held the remaining shares of 41.6% and 15.5%, respectively.
Moreover, foreign currency debt was mainly comprised in the form of Eurobonds, with a share of 92.3% of foreign currency debt, multilateral loans (4.3 percent), bilateral loans (3.0 percent), Paris II loans (0.1 percent) and others (0.3 percent)
Local Currency Debt by Type of Holder