On the Lebanese Eurobonds market, demand for short and long term Lebanese Eurobonds improved causing the BLOM Bond Index (BBI) to tick up by 0.06% to 107.21 points on Friday. The yields on the 10Y Lebanese Eurobonds declined by 1 basis point (bp) to 6.20% while that of the 5Y steadied at 5.35%. Meanwhile, demand for medium term US notes fell illustrated by the 3 bps ascent to 1.61% on the yield of the mentioned maturity. Consequently, the spread between Lebanese Eurobonds and their US counterpart narrowed by 3 bps to 374 bps. The Lebanese 5Y Credit Default Swaps (CDS) remained at their previous quotes of 358-383 bps.
| Last | Previous | Change | Y-t-D Change | ||
| BBI | 107.208 | 107.148 | 0.06% | -0.24% | |
| Weighted Yield | 5.46% | 5.48% | 0 | bps | |
| Duration (Years) | 5.05 | 5.05 | |||
| 5Y Bond Yield | 5.35% | 5.35% | 0 | bps | |
| 5Y Spread* | 374 | 377 | -3 | bps | |
| 10Y Bond Yield | 6.20% | 6.21% | -1 | bps | |
| 10Y Spread* | 400 | 402 | -2 | bps | |
*Between Lebanese and U.S notes
| Price | Yield | Yield Change (in bps) | |
| Nov. 2016 | 100.87 | 4.01% | 0 |
| Mar. 2017 | 107.22 | 4.28% | 0 |
| Oct. 2017 | 101.11 | 4.45% | 0 |
| Jun. 2018 | 101.43 | 4.60% | 0 |
| Nov. 2018 | 101.17 | 4.75% | -10 |
| Apr. 2019 | 101.25 | 5.12% | 0 |
| Mar. 2020 | 104 | 5.37% | 0 |
| Apr. 2020 | 101.63 | 5.40% | -3 |
| Apr. 2021 | 113 | 5.54% | 0 |
| Oct. 2022 | 101.88 | 5.77% | -2 |
| Jan. 2023 | 101 | 5.83% | 2 |
| Dec. 2024 | 107 | 6.01% | -3 |
| Feb. 2025 | 101.13 | 6.04% | -2 |
| Nov. 2026 | 103 | 6.22% | -1 |
| Nov. 2027 | 104 | 6.28% | -1 |
| Feb. 2030 | 102.25 | 6.41% | -1 |
