Demand for Lebanese Eurobonds was unchanged on Friday as revealed by the BLOM Bond Index (BBI) which steadied at 104.18 points.
The yields on the Lebanese Eurobonds maturing in 5 and 10 years remained stable at 6.00% and 6.68%, respectively.
As demand for U.S treasuries maturing in 5 years improved, the spread between the yield on the 5 Year Lebanese Eurobonds and the yield on their US comparable broadened by 2 points to 478 basis points (bps).
The bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) slightly widened from their previous level of 448-468 bps to 449-469 bps.
*Between Lebanese and U.S notes
