The Lebanese Eurobonds Market Progressed on Tuesday

The Lebanese Eurobonds market progressed, where the BLOM Bond Index (BBI) inched up by 0.07% to 108.55 points. The 5Y and 10Y Lebanese Eurobonds’ yield lost 1 basis point (bp) each to settle at 5.04% and 6.11%, respectively. The 5Y spread against the US Treasury benchmark narrowed by 7 bps to 335 bps. Meanwhile the 5Y Credit Default Swaps (CDS) steadied at 340-370 bps.

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