The Lebanese Eurobonds Market Remained Stable

The Lebanese Eurobonds Market remained almost stable, with the BLOM Bond Index (BBI) losing 0.01% to 108.47 points on the back of reduced demand for medium-term securities, as shown by the 5Y Lebanese Eurobonds’ yield increased by 2 basis points (bps) to 5.13%. As for the 10Y Lebanese Eurobonds’ yield, it remained at 6.13%. The 5Y spread against the US Treasury narrowed by 1 bp to 361 bps. The 5Y CDS quote also decreased from 351-381 bps to 348-378 bps.

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