Factsheets Back
30 . 09 . 2017
Market Overview


In September, Lebanese Government Eurobonds offer prices for medium to long term maturities slightly decreased by an average of USD 0.5-0.75. Lebanon CDS prices for 5 and 10 year maturities increased by 15 to 20 bps to 430 and 460 levels respectively. Fitch and S&P both affirmed Lebanon’s B- credit rating with stable outlook stating weak public finances and high political and security risks. In the GCC region, 5 years CDS levels for the members were mostly stable. Saudi Arabia Launched a total of USD 12.5 bln of Eurobonds for 5, 10 and 30 years priced at 2.875%, 3.625% and 4.625% respectively. Bahrain also issued 12 and 30 years bonds for a total of USD 2.15 bln priced at 6.75% and 7% respectively.