Demand for medium term Lebanese Eurobonds regressed on Wednesday which offset the mixture in demand for long term ones. Accordingly, the BLOM Bond Index (BBI) slipped slightly by 0.008% to 107.12 points. The yield on the 10Y Lebanese Eurobonds steadied at 6.22% while that of the 5Y went up by 1 basis point (bp) to 5.34%. The spread between the yield on the 5Y Lebanese Eurobonds and its US counterpart tightened by 4 bps to 369 bps as the demand for medium-term US notes fell at a faster pace than that of the 5Y Lebanese Eurobonds. Meanwhile, the Lebanese 5Y Credit Default Swaps (CDS) drifted from a range of 353-381 bps to 350-383 bps.
| Last | Previous | Change | Y-t-D Change | ||
| BBI | 107.116 | 107.125 | -0.008% | -0.33% | |
| Weighted Yield | 5.48% | 5.47% | 0 | bps | |
| Duration (Years) | 5.07 | 5.08 | |||
| 5Y Bond Yield | 5.34% | 5.33% | 1 | bps | |
| 5Y Spread* | 369 | 373 | -4 | bps | |
| 10Y Bond Yield | 6.22% | 6.22% | 0 | bps | |
| 10Y Spread* | 394 | 399 | -5 | bps | |
*Between Lebanese and U.S notes
| Price | Yield | Yield Change (in bps) | |
| Nov. 2016 | 100.89 | 4.00% | 0 |
| Mar. 2017 | 107.35 | 4.26% | 0 |
| Oct. 2017 | 101.13 | 4.45% | 0 |
| Jun. 2018 | 101.45 | 4.60% | 0 |
| Nov. 2018 | 101.18 | 4.75% | 0 |
| Apr. 2019 | 101.38 | 5.09% | 4 |
| Mar. 2020 | 104 | 5.38% | 3 |
| Apr. 2020 | 101.63 | 5.40% | 3 |
| Apr. 2021 | 113 | 5.55% | 0 |
| Oct. 2022 | 101.88 | 5.77% | 0 |
| Jan. 2023 | 101 | 5.83% | 0 |
| Dec. 2024 | 106.88 | 6.02% | 0 |
| Feb. 2025 | 100.75 | 6.09% | 2 |
| Nov. 2026 | 102.75 | 6.26% | -3 |
| Nov. 2027 | 103.75 | 6.31% | -3 |
| Feb. 2030 | 101.5 | 6.49% | 0 |
