The BBI Decreased Marginally by 0.01% on Wednesday

The Lebanese Eurobonds Market stabilized, with the BLOM Bond Index (BBI) decreasing marginally, by 0.01% to 108.21 points. The 5Y Lebanese Eurobonds’ yield steadied at 5.18%, while that of the 10Y lost 1 basis point (bp) to 6.22%. The 5Y spread against the US Treasury benchmark remained unchanged at 355 bps. The 5Y Credit Default Swaps (CDS) were last quoted at 347-377 bps, same as the prior day.

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