On Thursday, demand for Lebanese Eurobonds was unchanged as the BLOM Bond Index (BBI) steadied at 107.08 points. The yields on the 5Y and 10Y Lebanese Eurobonds remained 5.34% and 6.21%, respectively. The spread between the yield on the 5Y Lebanese Eurobonds and its US comparable remained at 372 as the yield on medium-term US notes stabilized at 1.62%. Meanwhile, the Lebanese 5Y Credit Default Swaps (CDS) slightly moved from their previous range of 355-379 bps to 353-381 bps.
Last | Previous | Change | Y-t-D %Change | ||
BBI | 107.08 | 107.08 | 0.00% | -0.36% | |
Weighted Yield | 5.49% | 5.49% | 0 | bps | |
Duration (Years) | 5.09 | 5.09 | |||
5Y Bond Yield | 5.34% | 5.34% | 0 | bps | |
5Y Spread* | 372 | 372 | 0 | bps | |
10Y Bond Yield | 6.21% | 6.21% | 0 | bps | |
10Y Spread* | 393 | 392 | 1 | bps |
*Between Lebanese and U.S notes
Price | Yield | Yield Change (in bps) | |
Nov. 2016 | 100.75 | 4.13% | 0 |
Mar. 2017 | 107.4 | 4.27% | -1 |
Oct. 2017 | 100.8 | 4.61% | 0 |
Jun. 2018 | 101.45 | 4.60% | 0 |
Nov. 2018 | 100.88 | 4.85% | 0 |
Apr. 2019 | 101.75 | 4.98% | 0 |
Mar. 2020 | 104.13 | 5.35% | 0 |
Apr. 2020 | 101.63 | 5.40% | 0 |
Apr. 2021 | 113 | 5.56% | 0 |
Oct. 2022 | 101.88 | 5.77% | 0 |
Jan. 2023 | 101 | 5.83% | 0 |
Dec. 2024 | 106.75 | 6.04% | 0 |
Feb. 2025 | 100.88 | 6.08% | 0 |
Nov. 2026 | 102.5 | 6.29% | 0 |
Nov. 2027 | 103.5 | 6.34% | 0 |
Feb. 2030 | 101.5 | 6.49% | 0 |