Demand for Lebanese Eurobonds remained stable on Tuesday, as the BLOM Bond Index (BBI) remained steady at 103.62 points.
Yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.25% and 6.77%, respectively.
As for the US, demand for the 5Y US treasuries increased on Tuesday, causing the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts to widen by 10 bps to 496 bps.
Lebanon’s 5Y Credit Default Swaps (CDS) widened slightly from their previous bid-ask range of 455-475 bps to 456-476 bps.
*Between Lebanese and U.S notes
