The BLOM Bond Index (BBI) partially offset Friday’s downturn, adding 0.13% to 103.68 points. Demand for medium and long-term maturities improved slightly, as the 5Y and 10Y yields on the Lebanese Eurobonds lost 1 basis point (bp) each, to 6.14% and 6.78%, respectively.
Similarly, demand for medium term US treasuries increased at a faster pace than its Lebanese counterpart, widening the spread between the yield on the 5Y Lebanese Eurobonds and the yield on their US comparable by 2 bps to 500 bps.
Similarly the bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) went up marginally from 451-471 bps to 453-473 bps.
*Between Lebanese and U.S notes 
