The Lebanese Eurobond Market Remained Unchanged on Friday

The Lebanese Eurobonds market remained stable by the end of last week as the BLOM Bond Index (BBI) remained steady at 103.59 points on Friday.

The yields on the 5Y and 10Y Lebanese Eurobonds kept their previous values of 6.12% and 6.79%, respectively.

As for the US, demand for the 5Y treasuries dropped on Friday, thus the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts narrowed by 2 bps to 475 bps.

Lebanon’s 5Y Credit Default Swaps (CDS) widened from their previous bid-ask range of 443-463 bps to 440-470 bps.

 

 

 

 

 

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