On 4 February 2025, J.P. Morgan issued a report on Lebanon, Lebanon: Politics and stability before economics, in which it indicated that “Lebanon bonds have seen a steep rise following a cease-fire deal with Israel and as a multi-year political vacuum begins to be filled, given that parliament was finally able to agree on a Presidential candidate”.
However, it added that “the recent turn of positive events raises hope of normalization, but politics is still far from being fixed given the complicated framework”.
For the full report, click on the below link:
J.P. Morgan – Lebanese Eurobonds’ Haircut at 70% but Caution Still Warranted