Lebanese Eurobonds Improved for the Fourth Session Running

The Lebanese Eurobonds Market progressed for the 4th consecutive session, with the BLOM Bond Index (BBI) adding 0.16% to 103.07 points. Yields on the 5Y and 10Y Lebanese Eurobonds dropped by 1 basis point (bp) and 3 bps to 6.46% and 6.85%, respectively. In the US, demand for medium term maturities dropped, narrowing the 5Y yield spread between the Lebanese Eurobonds and their US comparable by 12 bps to 472 bps. As for the 5Y Credit Default Swaps, they steadied at 406-426 bps.


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