Lebanese Eurobonds Market Started the Week in the Green

Demand for most Lebanese Eurobonds strengthened at the start of the week. The BLOM Bond Index (BBI) gained 0.16% to 105.89 points, narrowing its year-to-date loss to 1.47%. Yields on the 5Y and 10Y Lebanese Eurobonds dropped 1 basis point (bp) and 3 bps to 5.59% and 6.43%, respectively. On the other hand, demand for U.S. medium term notes decreased, contracting the 5Y spread between Lebanese Eurobonds and their US counterpart by 3 bps to 405 bps. Meanwhile, the Lebanese 5Y Credit Default Swaps (CDS) steadied at 370-395 bps.



LastPreviousChangeY-t-D Change
Weighted Yield5.71%5.74%4bps
Duration (Years)5.025.03
5Y Bond Yield5.59%5.60%-1bps
5Y Spread*405408-3bps
10Y Bond Yield6.43%6.46%-3bps
10Y Spread*422427-5bps

*Between Lebanese and U.S notes

 PriceYieldYield Change (in bps)
Nov. 2016100.794.05%0
Mar. 2017106.54.61%-10
Oct. 2017100.54.75%0
Jun. 2018100.754.86%5
Nov. 2018100.385.02%0
Apr. 2019100.755.27%-8
Mar. 20201035.61%0
Apr. 2020100.635.64%3
Apr. 20211115.92%-5
Oct. 2022100.755.97%0
Jan. 202399.886.02%0
Dec. 2024105.756.17%-2
Feb. 20251006.20%-11
Nov. 2026100.756.50%-3
Nov. 2027101.636.55%-5
Feb. 20301006.65%-5


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