Price of Lebanese Eurobonds witnessed no change for the second session running on Tuesday, as illustrated by the BLOM Bond Index (BBI), which remained at 104.84 points, recording a year-to-date loss of 2.45%. Yields on the 5Y and 10Y Lebanese Eurobonds steadied at 5.97% and 6.48%. As demand for medium-term US notes improved slightly on Tuesday, the spread between the 5Y Lebanese notes and their U.S. counterpart broadened by 1 basis points (bps) to 463 bps. As for the Lebanese 5Y Credit Default Swaps (CDS), they narrowed from their previous quote 398-423bps to 391-413 bps.
Last | Previous | Change | Y-t-D Change | ||
BBI | 104.842 | 104.842 | 0.00% | -2.45% | |
Weighted Yield | 5.96% | 5.96% | 0 | bps | |
Duration (Years) | 5.94 | 5.94 | |||
5Y Bond Yield | 5.97% | 5.97% | 0 | bps | |
5Y Spread* | 463 | 462 | 1 | bps | |
10Y Bond Yield | 6.48% | 6.48% | 0 | bps | |
10Y Spread* | 443 | 441 | 2 | bps |
*Between Lebanese and U.S notes
Price | Yield | Yield Change (in bps) | |
Nov. 2016 | 100.41 | 4.35% | 0 |
Mar. 2017 | 105.38 | 5.11% | -1 |
Oct. 2017 | 99.75 | 5.13% | 0 |
Jun. 2018 | 99.5 | 5.35% | 0 |
Nov. 2018 | 99.25 | 5.41% | 0 |
Apr. 2019 | 100 | 5.50% | 0 |
May. 2019 | 101.13 | 5.65% | 0 |
Nov.2019 | 98.63 | 5.82% | 0 |
Mar. 2020 | 102 | 5.85% | 0 |
Apr. 2020 | 99.75 | 5.86% | 0 |
Apr. 2021 | 109.75 | 6.14% | 0 |
Oct. 2022 | 99.75 | 6.14% | 0 |
Jan. 2023 | 98.88 | 6.19% | 0 |
Dec. 2024 | 104.38 | 6.36% | 0 |
Feb. 2025 | 98.63 | 6.40% | 0 |
Jun. 2025 | 98.63 | 6.44% | 0 |
Nov. 2026 | 100.25 | 6.57% | 0 |
Nov. 2027 | 101 | 6.63% | 0 |
Feb. 2030 | 99 | 6.76% | 0 |