M3 Recorded $65.57 Billion as of June 4, 2026
| ($B) | 04-Jun-25 | 28-May-26 | 04-Jun-26 | % Weekly Change | % YOY Change | % YTD Change |
| M 1 | 1.25 | 1.089 | 1.062 | (0.027) | -14.73% | -14.45% |
| M 2 | 1.63 | 1.473 | 1.445 | (0.027) | -11.43% | -11.37% |
| M 3 | 69.00 | 65.71 | 65.57 | (0.147) | -4.97% | -2.33% |
| M 4 | 69.08 | 65.76 | 65.61 | (0.147) | -5.02% | -2.34% |
BDL’s latest statistics on money supply revealed that Broad Money (M3) decreased by LBP 13,148.39 billion to stand at LBP 5,868,274 billion ($65.57 billion) by the week ending June 4th, 2026. As such, M3 decreased by 4.97% year-over-year (YOY) and by 2.33% year to date (YTD).
In details, M1 contracted by LBP 2,427.04 billion during the week of 28 May to 4 June 2026, due to a decrease in demand deposits of LBP 1,792.72 billion and in currency in circulation of LBP 634.32 billion.
In turn, total deposits (excluding Demand deposits) dropped by LBP 10,721.35 billion ($119.79 million), owing to a decrease in deposits denominated in foreign currencies by USD 119.58 million accompanied with a contraction in LBP term and saving deposits by LBP 18.83 billion during the week.
As such, the rate of broad money dollarization increased slightly from 97.759% in the week ending May 28th, 2026 to 97.796% in the week ending June 4th, 2026.
Looking at interest rates, the average rate on deposits in LBP at commercial banks increased from 2% in March 2025 to 3.66% in March 2026. Meanwhile, the average rate on deposits in USD at commercial banks stabilized at 0.1% from March 2025 to March 2026. In turn, the average lending rate in LBP and USD at commercial banks increased in both currencies: LBP loans rates increased to 9.8% from 6.41% a year earlier, while USD loans rates increased to 4.78% from 4.11%.
Analytically, the money supply M3 can be derived from combining the balance sheet of BDL with the balance sheet of banks to arrive at the monetary survey of the banking system. The resulting M3 would be equal to the sum of: net foreign assets (NFA), credit to the private sector (CPS), net credit to the public sector (NCPS), and other items net (OIN). Latest data show that in March 2026, M3 stood at LBP 5,941,791 billion versus LBP 6,212,019 billion in March 2025; NFA were LBP 3,524,766.5 billion compared to LBP 2,105,940.2 billion in March 2025; CPS was LBP 515,335 billion compared to LBP 515749.2 billion in March 2025; NCPS was LBP 2,482,178 billion compared to LBP 4,152,333.5 billion in March 2025; and OIN were negative LBP 580,488.1 billion compared to negative LBP 562,003.7 billion in March 2025.
Source: BDL; MoF
