BBI Gained 0.02% to 108.22 Points on Wednesday

The Lebanese Eurobonds Market improved, with the BLOM Bond Index (BBI) gaining 0.02% to 108.22 points. The 5Y and 10Y Lebanese Eurobonds’ yields steadied at 5.17% and 6.20%, respectively. The 5Y spread against the US Treasury also remained constant, at 352 bps. The 5Y Credit Default Swaps (CDS) broadened to 346-376 bps.

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