BBI Reached a Four-Month Low at 107.97 Points

The Lebanese Eurobonds market kept weakening where the BLOM Bond Index (BBI) lost 0.02% to reach a four-month low at 107.97 points. The 5Y Lebanese Eurobonds’ yield steadied at 5.12% while that of 10Y lost 1 basis point (bp) to 6.20%. The 5Y spread against the US Treasury benchmark narrowed by 1 bp to 334 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) remained unchanged at 344-377 bps.

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