As demand for medium term Lebanese Eurobonds showed improvement on Friday, the BLOM Bond Index (BBI) increased by 0.03% to 105.750 points, narrowing its year-to-date loss to 1.60%. Yield on the 10Y Lebanese Eurobonds steadied at 6.31% while that of the 5Y dropped by 1 basis point (bp) to 5.86%. Similarly, demand for medium-term US notes progressed at a faster pace than its Lebanese counterpart. This caused the 5Y spread between both maturities to broaden by 2 bps to 434 bps. As for the Lebanese 5Y Credit Default Swaps (CDS), they slightly widened from their pervious quotes of 386-411 bps to 387-412 bps.
| Last | Previous | Change | Y-t-D Change | ||
| BBI | 105.750 | 105.716 | 0.03% | -1.60% | |
| Weighted Yield | 5.74% | 5.75% | -1 | bps | |
| Duration (Years) | 5.00 | 5.00 | |||
| 5Y Bond Yield | 5.86% | 5.87% | 1 | bps | |
| 5Y Spread* | 434 | 432 | 2 | bps | |
| 10Y Bond Yield | 6.31% | 6.31% | 0 | bps | |
| 10Y Spread* | 411 | 411 | 0 | bps | |
*Between Lebanese and U.S notes
| Price | Yield | Yield Change (in bps) | |
| Nov. 2016 | 100.6 | 4.20% | 0 |
| Mar. 2017 | 106.25 | 4.70% | -7 |
| Oct. 2017 | 100.25 | 4.87% | 7 |
| Jun. 2018 | 100.5 | 4.95% | 0 |
| Nov. 2018 | 100.25 | 5.06% | 0 |
| Apr. 2019 | 100.75 | 5.27% | 0 |
| Mar. 2020 | 103 | 5.61% | -6 |
| Apr. 2020 | 100.5 | 5.67% | -6 |
| Apr. 2021 | 110.75 | 5.96% | 0 |
| Oct. 2022 | 100.75 | 5.97% | -1 |
| Jan. 2023 | 99.85 | 6.02% | 0 |
| Dec. 2024 | 105.6 | 6.19% | 0 |
| Feb. 2025 | 99.75 | 6.23% | 0 |
| Nov. 2026 | 100.75 | 6.50% | 0 |
| Nov. 2027 | 101.5 | 6.57% | 0 |
| Feb. 2030 | 99.75 | 6.68% | 0 |
