Stagnating Demand for Lebanese Eurobonds on Tuesday

The BLOM Bond Index (BBI) slightly moved by 0.001% to 103.393 points on Tuesday. The yield on the 5Y Lebanese Eurobonds increased by 4 basis points (bps) to 6.34% while the yield on the 10Y Lebanese Eurobonds fell by 1 bp to 6.77%. The spread between the yield on the 5Y Lebanese Eurobonds and the yield on the 5Y US treasuries widened by 7 bps to 479 bps. The 5Y Credit Default Swaps narrowed from their previous quotes of 432-452 bps to 428-448 bps.

 

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