Factsheets Back
30 . 04 . 2017
Market Overview


In April, Lebanese Government Eurobonds offer prices slightly increased continuing a more or less smooth upward trend this year. Lebanon CDS prices for 5 and 10 year maturities reflected the upward trend in Eurobond prices and decreased by an average of 20 bps to 370 and 410 mid-spread levels respectively. In the GCC region, there was a slight overall drop in 5 years CDS prices by approximately 5 to 10 bps. Moody’s mentioned that Bahrain’s Ba2 – negative outlook reflects increased external liquidity risks and slow and incremental Government response to lower oil prices.