According to statistics published by the Association of Banks in Lebanon (ABL), gross public debt widened by 0.23% ($218.91 million) during the month of October 2020 to LBP 143,273 billion ($95.04 billion), up from LBP 142,943 billion ($94.82 billion) a month earlier. The share of Lebanese banks of LBP-denominated debt fell to 26.4% in October (down from 27.4% in September), with the share of Banque Du Liban increasing to 60.8% (up from 59.8% in September) and that of the non-banking sector remaining flat at 12.8%. As far as foreign currency-denominated debt is concerned, sovereign debt in the form of Republic of Lebanon Eurobonds constituted 94.2% of total foreign currency debt, followed by lines of credit obtained through multilateral agreements (4.0%) and bilateral facilities (1.7%).

The average maturity of debt denominated in domestic currency widened to 4.67 years in October 2020, while the weighted average annual interest rate on local currency debt dropped to 6.45%. As far as the weighted average annual interest rate and weighted maturity of foreign currency debt are concerned, the ABL no longer publishes these statistics as a result of the government’s decision to suspend the payment of Eurobonds in March 2020.