BBI Improved Slightly

The Lebanese Eurobonds market picked up slightly, where the BLOM Bond Index (BBI) gained 0.04% to 108.28 points. The 5Y and 10Y Lebanese Eurobonds’ yields lost 1 basis point (bp) each to settle at 5.06% and 6.17%, respectively. The 5Y spread against the US Treasury benchmark widened by 1 bps to 328 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) steadied at 330- 360.

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