The BLOM Bond Index (BBI) stabilized at 103.58 points on Wednesday as demand for medium and long term Lebanese Eurobonds remained unchanged.
The yields on the 5Y and 10Y Lebanese Eurobonds kept their previous values of 6.26% and 6.77%, respectively.
As the yield for the 5Y US treasuries went down by 9 basis points (bps) yesterday, the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts widened also by 9 bps to 485 bps.
Lebanon’s 5Y Credit Default Swaps (CDS) remained unchanged at their previous bid-ask range of 454-474 bps.
*Between Lebanese and U.S notes
