Demand for Lebanese Eurobonds Stagnated for the 3rd Consecutive Session

Demand for Lebanese Eurobonds stagnated on Wedensday as the BLOM Bond Index (BBI) steadied at 107.22 points for the 3rd consecutive session. In addition, the yields on the 5Y and 10Y Lebanese Eurobonds remained at 5.17% and 6.06%, respectively. The spread between the yield on the 5Y Lebanese Eurobonds and its US comparable remained at 348 bps, considering demand for medium-term US notes did not change. Meanwhile, the Lebanese 5Y Credit Default Swaps (CDS) steadied at 355-380 bps for the 9th consecutive session.

 LastPreviousChange
BBI107.22107.22           0%
Weighted Yield5.46%5.46% 0bps
Duration (Years)5.105.10 0 years
5Y Bond Yield5.17%5.17% 0 bps
5Y Spread*348348 0 bps
10Y Bond Yield6.06%6.06%0 bps
10Y Spread*373371 2 bps

*Between Lebanese and U.S notes

 PriceYield Yield Change (in bps)
Nov. 2016100.734.15%0
Mar. 2017107.434.32%0
Oct. 2017101.254.40%0
Jun. 2018101.474.60%0
Nov. 2018101.234.74%0
Apr. 2019101.754.98%0
Mar. 2020104.385.29%0
Apr. 2020101.885.34%0
Apr. 2021113.255.52%0
Oct. 20221025.76%2
Jan. 20231015.83%0
Dec. 2024106.886.03%0
Feb. 20251016.06%0
Nov. 2026102.56.29%0
Nov. 2027103.56.34%0
Feb. 2030101.56.49%0

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