Lower Demand for Lebanese Eurobonds on Friday

The BLOM Bond Index (BBI) lost 0.13% on Friday to 103.87 points. The yield on the Lebanese Eurobonds maturing in 10 years remained unchanged at 6.11% while the yield on the Lebanese Eurobonds maturing in 10 years rose by 3 basis points (bps) to 6.74%.

The spread between the yield on the 5 Year Lebanese Eurobonds and the yield on their US comparable widened by 13 bps to 488 bps.

The bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) stabilized at their previous level of 446-466 bps.

 

 

 

 

 

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