Lebanese Eurobonds Market Reversed Trend to Increase by 0.08% on Friday

The Lebanese Eurobonds Market managed to reverse its recent downward trend, with the BLOM Bond Index (BBI) gaining 0.08% to 107.43 points. Demand for short and medium-term maturities increased, pushing the 5Y and 10Y Lebanese Eurobonds’ yields down by 3 basis points (bps) each to 5.36% and 6.27%, respectively. The 5Y spread against the US Treasury narrowed by 1 bp to 370 bps and the 5Y CDS quote decreased from 386-416 bps to 380-410 bps.

Leave a Reply

Your email address will not be published. Required fields are marked *