The Eurobonds Market Stabilized for the 3rd Session Running
Supply and Demand matched on the Lebanese Eurobonds market on Tuesday, for the 3rd consecutive session, as the BLOM Bond Index (BBI) remained at 107.08 points. The yields on both the 5Y and 10Y Lebanese Eurobonds remained at 5.35% and 6.21%, respectively. The spread between the yield on the 5Y Lebanese Eurobonds and its US comparable narrowed by 3 basis points (bps) to 374 as the demand for medium-term US notes regressed. Meanwhile, the Lebanese 5Y Credit Default Swaps (CDS) slightly narrowed from their previous quotes of 356-379 bps to 354-378 bps.
| 0 | Last | Previous | Change | Y-t-D %Change | |
| BBI | 107.08 | 107.08 | 0.00% | -0.36% | |
| Weighted Yield | 5.49% | 5.49% | 0 | bps | |
| Duration (Years) | 5.09 | 5.10 | |||
| 5Y Bond Yield | 5.35% | 5.35% | 0 | bps | |
| 5Y Spread* | 374 | 377 | -3 | bps | |
| 10Y Bond Yield | 6.21% | 6.21% | 0 | bps | |
| 10Y Spread* | 395 | 398 | -3 | bps | |
*Between Lebanese and U.S notes
| Price | Yield | Yield Change (in bps) | |
| Nov. 2016 | 100.75 | 4.13% | 0 |
| Mar. 2017 | 107.4 | 4.31% | 0 |
| Oct. 2017 | 100.8 | 4.61% | 0 |
| Jun. 2018 | 101.46 | 4.60% | 0 |
| Nov. 2018 | 100.88 | 4.86% | 0 |
| Apr. 2019 | 101.75 | 4.98% | 0 |
| Mar. 2020 | 104.25 | 5.32% | 0 |
| Apr. 2020 | 101.75 | 5.37% | 0 |
| Apr. 2021 | 113 | 5.56% | 0 |
| Oct. 2022 | 101.88 | 5.78% | 0 |
| Jan. 2023 | 100.75 | 5.87% | 0 |
| Dec. 2024 | 106.75 | 6.04% | 0 |
| Feb. 2025 | 100.75 | 6.09% | 0 |
| Nov. 2026 | 102.5 | 6.29% | 0 |
| Nov. 2027 | 103.5 | 6.34% | 0 |
| Feb. 2030 | 101.5 | 6.49% | 0 |
