The BBI Stood at 108.26 Points on Friday

The Lebanese Eurobonds witnessed a decrease, where the BLOM Bond Index (BBI) slightly dropped 0.03% to 108.26 points. The 5Y Lebanese Eurobonds’ yield gained 1 basis point (bp) to settle at 5.15%, while the 10Y Lebanese Eurobonds’ yield lost 1 basis point to 6.21%. The 5Y spread against the US Treasury benchmark broadened by 4 bps to 360 bps. Similarly, the 5Y Credit Default Swaps (CDS) broadened by 1 bp to 335-365 bps.

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