Stagnated Demand for Lebanese Eurobonds on Monday
Demand for Lebanese Eurobonds remained unchanged on Monday, as the BLOM Bond Index (BBI) steadied at 107.21 points. The yields on the 5Y and 10Y Lebanese Eurobonds persisted at 5.33% and 6.19%, respectively. The spread between the yield on the 5Y Lebanese Eurobonds and its US comparable broadened by 2 basis points (bps) to 381 noting that demand for medium-term US notes improved. Meanwhile, the Lebanese 5Y Credit Default Swaps (CDS) stabilized at a range of 353-381 bps for the 4th session running.
| 0 | Last | Previous | Change | Y-t-D %Change | |
| BBI | 107.21 | 107.21 | 0.00% | -0.24% | |
| Weighted Yield | 5.46% | 5.46% | 0 | bps | |
| Duration (Years) | 5.08 | 5.09 | |||
| 5Y Bond Yield | 5.33% | 5.33% | 0 | bps | |
| 5Y Spread* | 381 | 379 | 2 | bps | |
| 10Y Bond Yield | 6.19% | 6.19% | 0 | bps | |
| 10Y Spread* | 403 | 399 | 4 | bps | |
*Between Lebanese and U.S notes
| Price | Yield | Yield Change (in bps) | |
| Nov. 2016 | 100.82 | 4.13% | 0 |
| Mar. 2017 | 107.4 | 4.27% | -1 |
| Oct. 2017 | 101 | 4.61% | 0 |
| Jun. 2018 | 101.45 | 4.60% | 0 |
| Nov. 2018 | 101 | 4.85% | 0 |
| Apr. 2019 | 101.5 | 4.98% | 0 |
| Mar. 2020 | 104.25 | 5.35% | 0 |
| Apr. 2020 | 101.75 | 5.40% | 0 |
| Apr. 2021 | 113.13 | 5.53% | 0 |
| Oct. 2022 | 102 | 5.75% | 0 |
| Jan. 2023 | 101 | 5.83% | 0 |
| Dec. 2024 | 106.88 | 6.02% | 0 |
| Feb. 2025 | 101 | 6.06% | 0 |
| Nov. 2026 | 102.63 | 6.27% | 0 |
| Nov. 2027 | 103.63 | 6.32% | 0 |
| Feb. 2030 | 102 | 6.44% | 0 |
