Slight Dip of 0.02% Witnessed in Lebanese Eurobonds

The Lebanese Eurobonds Market experienced a 0.02% downtick, as the BLOM Bond Index (BBI) slipped to 106.63 points, on Thursday. The yield on the 5Y Lebanese Eurobonds increased by 1 basis point (bp) to 5.32%, while that of the 10Y steadied at 6.13%. The spread between the 5Y Lebanese Eurobonds and its US comparable widened by 2 bps to 373 bps. In addition, Lebanon’s 5Y Credit Default Swaps (CDS) remained almost stable going from 371-391 bps to 372-392 bps.

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