Lebanese Eurobonds Slightly Weakened

The Lebanese Eurobonds market slightly weakened, where the BLOM Bond Index (BBI) lost 0.01% to 108.12 points. The 5Y Lebanese Eurobonds’ yield steadied at 5.18%, while that of the 10Y lost 1 basis point (bp) to 6.22%. The 5Y spread against the US Treasury benchmark narrowed by 6 basis points (bps) to 366 bps. Likewise, the 5Y Credit Default Swaps (CDS) tightened by 3 bps to 345-375 bps.

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