BBI Increased by a Slight 0.03% due to Higher Demand on Medium Maturities

Demand for medium-term Lebanese Eurobonds improved, with the BLOM Bond Index (BBI) increasing by a slight 0.03% to 107.42 points. The 5Y Lebanese Eurobonds yield lost 1 basis point (bp) to 5.11%, while that of the 10Y steadied at 6.15%. High demand for US Treasuries broadened the 5Y spread against the US Treasury benchmark by 5 bps to 378 bps. As for the 5Y CDS quote, it went up from 368-397 bps to 372-400 bps.

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