Demand for Lebanese Eurobonds was steady on Friday as the BLOM Bond Index (BBI) kept its previous level at 103.50 points.
The yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.21% and 6.73%, respectively.
As for the US, demand for the 5Y treasuries weakened on Friday, causing the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts to narrow by 2 bps to 505 bps.
Lebanon’s 5Y Credit Default Swaps (CDS) kept their previous bid-ask range at 454-474 bps.
*Between Lebanese and U.S notes
