The frail activity on the Lebanese Eurobonds Markets continued on Wednesday, as the BLOM Bond Index (BBI) merely dropped by 0.007% to 102.64 points. The yields on the 5Y and 10Y Lebanese Eurobonds didn’t change and thus remained at 6.50% and 6.93%, respectively. Demand for medium term US notes also stagnated, as the 5Y yield stabilized at 1.15%. Hence, the spread between the 5Y yield on the Lebanese Eurobonds and that of the US treasury notes maintained its previous level of 535 basis points (bps). Lebanon’s 5Y Credit Default Swaps (CDS) increased from their previous quotes of 453-473 bps to 459-479 bps.
*Between Lebanese and U.S notes
