Steady Performance in the Eurobonds Market on Wednesday

The Lebanese Eurobonds market remained stagnant on Wednesday with the BLOM Bond Index (BBI) persisting at 107.09 points. Hand in hand with the stationary demand for medium and long term securities, the 5Y and 10Y yield endured at 5.22% and 6.18% respectively. The 5Y spread decreased slightly though, from 394 basis points (bps) to 393 bps. Not much movement in the 5Y CDS quote, as the latter went from 370-393 bps to 371-393 bps.

Leave a Reply

Your email address will not be published.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