Demand for Lebanese Eurobonds improved on Monday, as the BLOM Bond Index (BBI) went up by 0.09% to 107.20 points. The yields on the 5Y and 10Y Lebanese Eurobonds ticked down by 2 basis points (bps) each to 5.18%, and 6.06%, respectively. On the US front, demand for medium-term US notes improved at a faster pace than that of their Lebanese counter-part causing the spread between the yield on both maturities to broaden by 6 bps to 362 bps. As for Lebanon’s 5Y Credit Default Swaps (CDS), they stood at 353-378 bps, for the fourth consecutive session.
| BBI | 107.20 | 107.11 | 0.08% |
| 10Y Yield | 6.06% | 6.08% | -2 |
| Spread10Y US | 376 | 368 | -8 |