Stable Performance on the Lebanese Eurobonds Market on Tuesday

The BLOM Bond Index (BBI) stabilized at 103.59 points on Tuesday as demand for Lebanese Eurobonds remained steady.

The yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.25% and 6.77%, respectively.

As the yield for the 5Y US treasuries went up by 4 bps on Tuesday, the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts narrowed by 4 bps to 483 bps.

Lebanon’s 5Y Credit Default Swaps (CDS) narrowed from their previous bid-ask range of 455-475 bps to 453-473 bps.






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