Demand for Lebanese Eurobonds was unchanged on Thursday 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 weakened, the spread between the yield on the 5 Year Lebanese Eurobonds and the yield on their US comparable narrowed by 4 points to 476 bps.
The bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) remained unchanged at their previous level of 448-468 bps.
*Between Lebanese and U.S notes