Lebanese Eurobonds Saw Higher Demand on Tuesday

Demand for Lebanese Eurobonds increased for the second session running, as the BLOM Bond Index (BBI) added 0.15% to 102.71 points. The yield on the 5Y Lebanese Eurobonds lost 12 basis points (bps) to 6.33%, while that of the 10Y added 6 bps to 6.90%. In the US, demand for medium term maturities also grew, however at a slower pace, narrowing the 5Y yield spread between the Lebanese Eurobonds and their US comparable by 6 bps to 474 bps. As for the 5Y Credit Default Swaps, they tightened slightly from 408-428 to 407-427 bps.



 LastPreviousChangeY-t-D Change
Weighted Yield6.44%6.44%1bps 
Duration (Years)5.245.14   
5Y Bond Yield6.33%6.45%-12bps 
5Y Spread*474480-6bps 
10Y Bond Yield6.90%6.84%6bps 
10Y Spread*47546312bps 


*Between Lebanese and U.S notes

 PriceYieldYield Change (in bps)
Mar. 2017104.385.46%-1
Oct. 2017995.57%0
Jun. 2018995.58%0
Nov. 201898.755.61%0
Apr. 201998.55.99%0
May. 201999.56.16%-12
Mar. 2020100.256.30%-3
Apr. 2020986.33%-3
Apr. 2021107.256.65%-3
Oct. 202297.56.63%-7
Jan. 202396.56.67%-5
Nov. 202497.56.66%-4
Dec. 20241026.74%-4
Feb. 2025966.81%-2
Jun. 2025966.85%-2
Nov. 202697.256.98%-2
Nov. 202797.637.05%0
Nov. 202896.387.08%0
Feb. 203095.257.19%0
Nov. 203597.757.29%-2



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