Eurobonds Market Stagnant as BLOM Bond Index Remained Unmoved

The Lebanese Eurobonds market remained almost unchanged with the BLOM Bond Index (BBI) standing at 107.01 points. The yield on 5Y Lebanese Eurobonds barely slid from 5.24% to 5.23% while the yield of the 10Y Lebanese Eurobonds stagnated at 6.18%.

The spread between the 5Y Lebanese Eurobonds and their US comparable went down by 19 basis points (bps) to 375 bps while the 5Y CDS quote steadied at 371-393 bps.

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