Finance

Fitch Affirms LB Finance’s National Rating at ‘BBB+(lka)’; Outlook Stable

Fitch Ratings has reaffirmed LB Finance PLC’s National Long-Term Rating at ‘BBB+(lka)’ with a Stable Outlook. The rating reflects LB Finance’s solid financial standing, characterized by superior profitability and asset quality compared to its peers. However, the company’s significant exposure to market risk through its extensive gold-backed lending business offsets these strengths. The rating also

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Markets

Market Stabilizes After Recent Bullish Surge Ahead of T-Bill Auction

Investor sentiment experienced a brief pause following the significant buying momentum observed in recent days, suggesting a period of stabilization ahead of the upcoming Treasury bill auction. In the secondary market, three-month and six-month T-bills were traded at 10.00% and 10.25%, respectively, with limited activity. The T-bill maturing on December 15, 2026, traded at 10.75%.

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