Demand for Lebanese Eurobonds Remained Unchanged on Tuesday
Demand for Lebanese Eurobonds stagnated on Tuesday as the BLOM Bond Index (BBI) steadied at 107.22 points. 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 broadened by 3 basis points (bps) to 348 bps, considering that the yield on the 5Y US notes decreased by 3 bps to 1.69%. Meanwhile, the Lebanese 5Y Credit Default Swaps (CDS) steadied at 355-380 bps for the 8th consecutive session.
| Last | Previous | Change | ||
| BBI | 107.22 | 107.22 | 0.00% | |
| Weighted Yield | 5.46% | 5.46% | 0 | bps |
| Duration (Years) | 5.10 | 5.11 | -0.01 | years |
| 5Y Bond Yield | 5.17% | 5.17% | 0 | bps |
| 5Y Spread* | 348 | 345 | 3 | bps |
| 10Y Bond Yield | 6.06% | 6.06% | 0 | bps |
| 10Y Spread* | 371 | 368 | 3 | bps |
*Between Lebanese and U.S notes
| Price | Yield | Yield Change (in bps) | |
| Nov. 2016 | 100.73 | 4.15% | 0 |
| Mar. 2017 | 107.43 | 4.32% | 0 |
| Oct. 2017 | 101.25 | 4.40% | 0 |
| Jun. 2018 | 101.47 | 4.60% | 0 |
| Nov. 2018 | 101.23 | 4.74% | 0 |
| Apr. 2019 | 101.75 | 4.98% | 0 |
| Mar. 2020 | 104.38 | 5.29% | 0 |
| Apr. 2020 | 101.88 | 5.34% | 0 |
| Apr. 2021 | 113.25 | 5.52% | 0 |
| Oct. 2022 | 102 | 5.76% | 2 |
| Jan. 2023 | 101 | 5.83% | 0 |
| Dec. 2024 | 106.88 | 6.03% | 0 |
| Feb. 2025 | 101 | 6.06% | 0 |
| Nov. 2026 | 102.5 | 6.29% | 0 |
| Nov. 2027 | 103.5 | 6.34% | 0 |
| Feb. 2030 | 101.5 | 6.49% | 0 |
