BBI gained 0.09% to 108.22 points on Monday

The Lebanese Eurobonds Market improved, with the BLOM Bond Index (BBI) gaining 0.09% to 108.22 points. The 5Y and 10Y Lebanese Eurobonds’ yields declined 2 basis points to 5.17%, and 1 bp to 6.20%, respectively. The 5Y spread against the US Treasury benchmark narrowed by 7 bps to 352 bps as the yield on U.S treasuries increased. The 5Y Credit Default Swaps (CDS) steadied at 350-380 bps.

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