BBI Rose by 0.05% on Monday

The Lebanese Eurobonds market slightly strengthened where the BLOM Bond Index (BBI) rose by 0.05% to 108.18 points. The 5Y Lebanese Eurobonds’ yield dropped 1 basis point (bp) to settle at 5.08%, while that of the 10Y steadied at 6.19%. The 5Y spread against the US Treasury benchmark widened by 2 bps to 328 bps. Likewise, the 5Y Credit Default Swaps (CDS) broadened from 340-375 bps to 344-376 bps.

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