Eurobonds Market Steadied on September 4

The Lebanese Eurobonds market steadied, where the BLOM Bond Index (BBI) remained unchanged for the 3rd day at 108.55 points. The 5Y Lebanese Eurobonds’ yield lost 1 basis point (bp) to settle at 5.04%, while that of 10Y steadied at 6.12%. The 5Y spread against the US Treasury benchmark narrowed by 3 bps to 333 bps. Meanwhile the 5Y Credit Default Swaps (CDS) went from 340-370 bps to 330-360 bps.

Leave a Reply

Your email address will not be published. Required fields are marked *