Mixed Performance on the Lebanese Eurobonds Market on Thursday

The BLOM Bond Index (BBI) fell by 0.13% to 102.43 points, recording a 1.62% decline since the beginning of the year. While the yield on the 5Y Lebanese Eurobonds went up by 10 basis points (bps) to 6.64%, the yield on the 10Y Lebanese Eurobonds slid by 1 bp to 6.94%. The spread between the yield on the 5Y Lebanese Eurobonds and the yield on the 5Y US treasuries also widened by 10 points to 520 bps. Lebanon’s 5Y Credit Default Swaps slightly broadened from their previous quotes of 441-461 bps to 442-462 bps.

 

 

 

 

 

 

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