Factsheets Back
31 . 05 . 2017
Market Overview

In May, Lebanese Government Eurobonds offer prices had a minor drop; the medium term maturities suffered the most impact with around a USD 1-1.5 decrease. Lebanon CDS prices for 5 and 10 year maturities were mostly stable with a minor increase at around 380 and 420 levels respectively. In the GCC region, 5 years CDS levels were stable. Moody’s changed the outlook on Kuwait and UAE (including five of its major banks) from Negative to Stable and affirms the issuers’ ratings.