Lebanese Eurobonds Market Saw Improved Demand on Short-term Maturities

The Lebanese Eurobonds Market improved slightly on the back of higher demand on short-term maturities. The BLOM Bond Index (BBI) added 0.03% to 107.39 points. The 5Y and 10Y Lebanese Eurobonds yields steadied at 5.12% and 6.16%, respectively. The 5Y spread against the US Treasury benchmark broadened by 2 basis points (bps) to 378 bps. As for the 5Y CDS quote, it stood at 372-400 bps, compared to a previous quote of 373-398 bps.

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