According to the ABL’s monthly Treasury Bills publication, the face value of the outstanding LBP treasury securities’ portfolio fell by 3.87% in May 2026 to LBP 42,192 billion, down from LBP 43,890 billion a month earlier. Furthermore, and on an annual basis, the outstanding face value of LBP treasury securities dropped by 29.96% (LBP 18,045 billion) when compared to the LBP 60,237 billion reading of May 2025. The continuous drop in the outstanding balance of the treasury securities portfolio may be explained by the Ministry of Finance’s decision in December 2023 to suspend the issuance of new securities. It is worth highlighting that 60.06% of the outstanding treasury securities’ portfolio had a tenor of 120 months as at end of May 2026, and was followed by the 84-month (20.97%), 60-month (8.26%), 36-month (7.35%), and 180-month (3.36%) tenor securities.

As to the projected maturities of LBP treasury securities, the lion’s share goes to face value treasury instruments that mature in 2026 (34.7%) where LBP 10,955 billion of face value T-bonds will mature till end of 2026 of which LBP 5,655 billion have arrived to maturity in the first five months of the year, followed by some LBP 7,196 billion (15.0%) that will mature in 2027, and LBP 8,181 billion (17.1%) that arrive to maturity in 2028 only to name a few. The chart below depicts the projected face values of LBP treasury instruments that will arrive to maturity between the years 2026 and 2033: