The Lebanese Eurobonds Bounced Back, on October 9

The Lebanese Eurobonds bounced back, where the BLOM Bond Index (BBI) added 0.09% to 108.29 points. The 5Y and 10Y Lebanese Eurobonds’ yield lost 2 basis points (bps) and 1 bp to 5.14% and 6.22%, respectively. The 5Y spread against the US Treasury benchmark tightened by 3 bps to 356 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) stabilized at their previous quote of 335-365 bps.

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