Lebanese Eurobonds down by 0.03% on Monday
Demand for medium-term Lebanese Eurobonds slightly weakened on Monday as the BLOM Bond Index (BBI) revealed a 0.03% slip to 107.23 points, broadening its year-to-date loss to 0.23%. The yield on the 10Y Lebanese Eurobonds remained at 6.06% while that of the 5Y went up by 1 basis point (bp) to 5.17%. The spread between the yield on the 5Y Lebanese Eurobonds and its US comparable narrowed by 5 bps to 345 bps, bearing in mind that the demand for medium term US notes fell on Monday. The Lebanese 5Y Credit Default Swaps (CDS) steadied at 355-380 bps for the 7th consecutive session.
Last |
Previous |
Change |
|||||
BBI |
107.22 |
107.25 |
–0.03% |
||||
Weighted Yield |
5.46% |
5.46% |
0 |
bps |
|||
Duration (Years) |
5.11 |
5.12 |
-0.01 |
years |
|||
5Y Yield |
5.17% |
5.16% |
1 |
bps |
|||
5Y Spread |
345 |
350 |
-5 |
bps |
|||
10Y Yield |
6.06% |
6.06% |
0 |
bps |
|||
10Y Spread |
368 |
370 |
-2 |
bps |
|||
