BBI added 0.06% on Tuesday

The Lebanese Eurobonds progressed, where the BLOM Bond Index (BBI) inched up 0.06% to 108.28 points. The 5Y Lebanese Eurobonds’ yield stabilized at 5.15%, while the 10Y Lebanese Eurobonds’ yield lost 1 basis point (bp) to 6.21%. The 5Y spread against the US Treasury benchmark jumped by 10 bps to 370 bps. Similarly, the 5Y Credit Default Swaps (CDS) broadened by 8 bps to 347-377 bps.

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