BLOM Bond Index Inched Up 0.03% to 107.46 Points on Monday

The Lebanese Eurobonds Market remained almost stable, with the BLOM Bond Index (BBI) gaining 0.03% to 107.46 points. Demand for short and medium-term maturities increased, pushing the 5Y and 10Y Lebanese Eurobonds’ yields down by 2 basis points (bps) each to 5.34% and 6.25%, respectively. The 5Y spread against the US Treasury narrowed by 3 bps to 367 bps. The 5Y CDS quote widened from 380-410 bps to 385-415 bps.

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