Stagnation on the Lebanese Eurobonds Market on Tuesday

Price of Lebanese Eurobonds witnessed no change  for the second session running on Tuesday, as illustrated by the BLOM Bond Index (BBI), which remained at 104.84 points, recording a year-to-date loss of 2.45%. Yields on the 5Y and 10Y Lebanese Eurobonds steadied at 5.97% and 6.48%. As demand for medium-term US notes improved slightly on Tuesday, the spread between the 5Y Lebanese notes and their U.S. counterpart broadened by 1 basis points (bps) to 463 bps. As for the Lebanese 5Y Credit Default Swaps (CDS), they narrowed from their previous quote 398-423bps to 391-413 bps.

 LastPrevious ChangeY-t-D Change
Weighted Yield5.96%5.96%0 bps 
Duration (Years)5.945.94   
5Y Bond Yield5.97%5.97%0bps 
5Y Spread*4634621bps 
10Y Bond Yield6.48%6.48%0bps 
10Y Spread*4434412bps 

*Between Lebanese and U.S notes

 PriceYield Yield Change (in bps)
Nov. 2016100.414.35%0
Mar. 2017105.385.11%-1
Oct. 201799.755.13%0
Jun. 201899.55.35%0
Nov. 201899.255.41%0
Apr. 20191005.50%0
May. 2019101.135.65%0
Mar. 20201025.85%0
Apr. 202099.755.86%0
Apr. 2021109.756.14%0
Oct. 202299.756.14%0
Jan. 202398.886.19%0
Dec. 2024104.386.36%0
Feb. 202598.636.40%0
Jun. 202598.636.44%0
Nov. 2026100.256.57%0
Nov. 20271016.63%0
Feb. 2030996.76%0








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