BBI gained 0.02% to 108.12 on Tuesday

The Lebanese Eurobonds market slightly strengthened, where the BLOM Bond Index (BBI) gained 0.02% to 108.12 points. The 5Y Lebanese Eurobonds’ yield lost 1 bps to 5.17% while the 10Y Lebanese Eurobonds’ yield steadied 6.22%. The 5Y spread against the US Treasury benchmark remained constant at 366 bps. However, the 10Y spread against the US Treasury benchmark widened by 2 bps to 395 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) narrowed from 350-378 bps to 345-375 bps.

Leave a Reply

Your email address will not be published.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