Subdued Activity on Lebanon’s Eurobonds Market on Tuesday

Following consecutive downticks, Lebanon’s Eurobonds’ market stabilized during the week’s third trading session. In details, the BLOM Bond Index settled at 106.88 points, recording a slight 0.01% progress. Similarily, the 5Y and 10Y yields on the Lebanese Eurobonds maintained their respective previous levels of 5.28% and 6.21%. However, the 5Y spread between the Lebanese Eurobonds and their US comparable broadened by 9 bps to 381 bps. As for Lebanon’s 5Y Credit Default Swaps (CDS), it stood at 371-394 bps compared to the previous session’s range of 371-393 bps.

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