BBI Gained 0.05% to 108.38 Points on Thursday

 The Lebanese Eurobonds Market continued its upward trend, with the BLOM Bond Index (BBI) gaining 0.05% to 108.38 points. The 5Y Lebanese Eurobonds’ yield steadied at 5.12%, while the 10Y Lebanese Eurobonds’ yield spread lost 3 basis points (bps) to 6.15%. The 5Y spread against the US Treasury narrowed to 351 bps, while the 5Y Credit Default Swaps (CDS) broadened by 5 bps to 377-407 bps.

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