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.
*Between Lebanese and U.S notes