Lebanese Eurobonds prices increase after Hariri's visit to UAE

Source: Xinhua| 2019-10-08 00:28:37|Editor: yan
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BEIRUT, Oct. 7 (Xinhua) -- Prices of Lebanese dollar-denominated Eurobonds increased slightly on Monday following Prime Minister Saad Hariri's visit to the United Arab Emirates (UAE) in hope of attracting new investments to Lebanon, local media reported.

The 2037 Eurobond issues rose by 0.6 cents to 65.96 cents to the dollar while the 2032 Eurobond issues rose by 0.5 cents to 65.57 cents to the dollar, Elnashra, an online independent newspaper reported.

Hariri headed a Lebanese delegation to Abu Dhabi to attend the UAE-Lebanon Investment Conference on Monday hoping to attract new investments to Lebanon.

At the conference Hariri called upon Emirati companies to invest in electricity, gas, roads, ports and airports in Lebanon.

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