The BLOM Bond Index (BBI) stabilized at 103.59 points on Monday as demand for Lebanese Eurobonds remained steady.
The yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.25% and 6.77%, respectively.
As the yield for the 5Y US treasuries went up by 4 bps on Monday, the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts narrowed by 4 bps to 487 bps.
Lebanon’s 5Y Credit Default Swaps (CDS) broadened from their previous bid-ask range of 450-470 bps to 455-475 bps.
