Lebanon’s Eurobond prices rallied by 1.3-1.7 cents to 16 cents to the dollar on Thursday in the wake of the election of army chief Joseph Aoun as a new President to the country, and now are at nearly three times the level they attained in September. It is worth noting that the election of a new president, after a presidential void of more than two years, is deemed as cornerstone to engaging on the set of reforms requested by the IMF and the international community.