5Y and 10Y Yields Jumped to 5.17% and 6.18% as Demand for Securities Fell

The Lebanese Eurobonds Market decreased, with the BLOM Bond Index (BBI) dropping by 0.18% to 108.25 points as demand for both short-term and medium-term securities displayed a decline. The 5Y and 10Y Lebanese Eurobonds’ yields gained 4 basis points (bps) and 5 bps to 5.17% and 6.18%, respectively. The 5Y spread against the US Treasury steadied at 355 bps. Meanwhile, the 5Y CDS quote jumped to 377-407 bps from its previous quote of 350-380 bps.

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