BBI Gained 0.03% to 108.53 Points on Tuesday

The Lebanese Eurobonds Market continued its upward trend, with the BLOM Bond Index (BBI) gaining 0.03% to 108.53 points. The 5Y and 10Y Lebanese Eurobonds’ yield slightly decreased by 1 basis point (bp) to 5.10% and 2 bps to 6.12%, respectively. The 5Y spread against the US Treasury broadened by 3 bps to 352 bps, as the 5Y CDS narrowed by 27 bps to 351-408 bps as an agreement to release Lebanese soldiers held as hostages more than two months ago seems imminent.

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