BBI Started 2015 with a 0.10% Increase

The Lebanese Eurobonds Market ended the session on January 2nd  with an incline, as the BLOM Bond Index (BBI) posted a 0.10% rise on Friday to 106.18 points as demand on medium-term and long-term securities improved. The 5Y and 10Y Lebanese Eurobonds yields dropped 1 basis point (bp) and 3 bps to 5.34% and 6.25%, respectively. The 5Y spread against the US Treasury broadened 3 bps to 373 bps bps, meanwhile the 5Y CDS quote remained almost stable at 380-410 bps.

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