BBI Inched Up 0.01% to 108.39 Points on Friday

The Lebanese Eurobonds Market inched upward, with the BLOM Bond Index (BBI) gaining 0.01% to 108.39 points. The 5Y Lebanese Eurobonds’ yield steadied at 5.12%, while the 10Y Lebanese Eurobonds’ yield spread lost 1 basis point (bp) to 6.14%. The 5Y spread against the US Treasury narrowed to 349 bps, while the 5Y Credit Default Swaps (CDS) broadened by 1 bp to 378-408 bps. 

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