BBI inched up 0.01% to 108.22 points on Thursday

The Lebanese Eurobonds Market kept its sideways path, with the BLOM Bond Index (BBI) adding a marginal 0.01% to 108.22 points. The 5Y and 10Y Lebanese Eurobonds’ yields dropped 1 basis point (bp) each to 5.17% and 6.21%, respectively. The 5Y spread against the US Treasury benchmark narrowed by 5 bps to 350 bps. The 5Y Credit Default Swaps (CDS) were last quoted at 347-377 bps, same as the prior day.

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