BBI dropped 0.03% to 108.10 bps

The Lebanese Eurobonds market slightly weakened, where the BLOM Bond Index (BBI) dropped 0.03% to 108.10 points. The 5Y and 10Y Lebanese Eurobonds’ yield steadied at 5.18% and 6.22%, respectively. The 5Y and 10Y spreads against the US Treasury benchmarks also remained constant at respective 366 bps and 393 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) widened from 345-375 bps to 350-378 bps.

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