Positive Performance for Lebanese Eurobonds during April’s Last Session

The BLOM Bond Index (BBI) recorded a reading of 103.69 points, rising by 0.02% from its previous level.

The yields on the Lebanese Eurobonds maturing in 5 and 10 years fell each by 1 basis point (bp) to 6.12% and 6.78%, respectively.

As demand for U.S treasuries improved, the spread between the yield on the 5 Year Lebanese Eurobonds and the yield on their US comparable widened by 4 bps to 484 basis points.

The bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) remained steady at its level of 440-460 bps.

 

 

 

 

 

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