Increased Demand for Securities Increases BBI by 0.05% to 108.55 Points

The Lebanese Eurobonds Market has been moving slowly this week, with the BLOM Bond Index (BBI) inching up slightly by 0.05% to 108.55 points. The 5Y and 10Y Lebanese Eurobonds’ yields decreased by 1 basis point (bp) to 5.12% and 2 bps to 6.12%, respectively. The 5Y spread against the US Treasury narrowed by 4 bps to 357 bps. The 5Y CDS quote decreased from 351-381 bps to 350-380 bps.

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