Shy Demand characterized the Lebanese Eurobonds Market on Monday, illustrated by the BLOM BOND INDEX (BBI) steadying at 104.08 points. The yields on the 5Y and 10Y Lebanese Eurobonds remained at Thursday’s level 6.14% and 6.64%, respectively. Demand for medium term US treasuries also stagnated, causing the 5Y yield spread between Lebanese Eurobonds and their US comparable to remain at 441 bps. The 5Y Credit Default Swaps lingered at their previous quotes of 411-431 bps for the 6th consecutive session.
*Between Lebanese and U.S notes
