Prices of Lebanese Eurobonds Remained Stable on Wednesday

Lebanon’s Eurobonds Market remained unchanged yesterday, as demand for Lebanese government debt denominated in Foreign Currency was immobile.

Yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.23% and 6.75%, respectively.

As for the US, demand for the 5Y US treasuries decreased on Wednesday, causing the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts to narrow by 3 bps to 503 bps.

Lebanon’s 5Y Credit Default Swaps (CDS) kept their previous bid-ask range at 454-474 bps.

 

 

 

 

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