Lebanon’s gross public debt registered a yearly rise of 7.91%, to stand at $74.51B by October 2016.
In details, debt in local currency, LBP, grasping 61.06% of the total gross public debt, grew by 5.97% y-o-y to $45.50B, and debt in foreign currency increased by 11.10% y-o-y to $29.01B by October 2016.
BDL was the largest holder of local currency debt, with a share of 44%, while Lebanese commercial banks and other non-financial sectors held the remaining shares of 40.2% and 15.8%, respectively. Moreover, foreign currency debt was mainly constituted of Eurobonds with a share of 92.7%, while multilateral, bilateral and Paris II loans took respective shares of 3.6%, 3.3%, and 0.1%.
Local Currency Debt by Type of Holder
Source : ABL