BLOM Bond Index Edged Down 0.06% to 108.44 Points as Demand for Securities Dropped

The Lebanese Eurobonds Market edged down, with the BLOM Bond Index (BBI) decreasing by 0.06% to 108.44 points as demand for short-term securities displayed a downtick. The 5Y Lebanese Eurobonds’ yield gained 1 basis point (bp) to 5.13%, while the 10Y Lebanese Eurobonds’ yield steadied at 6.13%. The 5Y spread against the US Treasury widened by 6 bps to 355 bps. Meanwhile, the 5Y CDS quote remained stable at 350-380 bps.

Leave a Reply

Your email address will not be published. Required fields are marked *