Regulatory Alerts1998-03-25 | 6941Discount Rates and Interest Rates on Loans Granted by BDL
The Central Bank of Lebanon issued Central Decision No. 6941 to establish precise discount and interest rate formulas for commercial bills, treasury bonds, and various loan categories based on USD deposit rates, certificate of deposit yields, and treasury bill actual yields plus specified margins. The regulation standardizes rate calculations across short-to-long maturities (30 days to 5 years) for both US Dollar and Lebanese Pound operations, while mandating a minimum floor of two percentage points above original rates for treasury-backed transactions. It further empowers the Governor to adjust these rates during periods of necessity, repeals prior circulars and decisions, and takes immediate effect upon publication in the Official Gazette.