Stagnating Demand for the Lebanese Eurobonds Market Last Friday

Unchanged demand for the Lebanese Eurobonds on Friday was reflected on the BLOM Bond Index (BBI) which steadied at 104.06 points.

The yields on the Lebanese Eurobonds maturing in 5 and 10 years remained stable at 6.00% and 6.71%, respectively.

As demand for U.S treasuries maturing in 5 years weakened by the end of last week, the spread between the yield on the 5 Year Lebanese Eurobonds and the yield on their US comparable narrowed by 4 points to 461 bps.

The bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) remained constant at their previous level of 447-467 bps.





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