Yes, very informative interview with @camilleasleiman . Addition to @lebfinance 's points, other key takeaways: Lebanon's negotiating position is comfortable b/c Gold is safe given that it's ascribed to BdL, not sovereign & state's foreign assets are insignificant
@camilleasleiman @lebfinance Says lack of CAC isn't a major issue. 75% voter threshold on series-by-series basis is surmountable he thinks. Large domestic ownership of those bonds helps. Confirms that older bonds lack that threshold (point @M_PaulMcNamara made already)
@camilleasleiman @lebfinance @M_PaulMcNamara Thinks IMF package around 10bn would be needed on exceptional access, to catalyse further funding.
@camilleasleiman @lebfinance @M_PaulMcNamara Favours debt restructuring within comprehensive package which should preclude payment of March 2020s
