The Lebanese Eurobonds Market Remained Unchanged Yesterday

Demand for Lebanese Eurobonds was unchanged on Thursday as revealed by the BLOM Bond Index (BBI) which steadied at 104.18 points.

The yields on the Lebanese Eurobonds maturing in 5 and 10 years remained stable at 6.00% and 6.68%, respectively.

As demand for U.S treasuries maturing in 5 years weakened, the spread between the yield on the 5 Year Lebanese Eurobonds and the yield on their US comparable narrowed by 4 points to 476 bps.

The bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) remained unchanged at their previous level of 448-468 bps.






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