BBI Gained 0.02% to 108.55 Points on Wednesday

The Lebanese Eurobonds Market maintained its improvement, with the BLOM Bond Index (BBI) gaining 0.02% to 108.55 points as a result of increased demand on short term securities. The 5Y Lebanese Eurobonds’ yield slightly decreased by 1 basis point (bp) to 5.09%, as the 10Y Lebanese Eurobonds’ yield steadied at 6.12%. The 5Y spread against the US Treasury broadened by 1 bp to 353 bps, as the 5Y CDS quote stood at 351-408 bps.

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