BLOM Bond Index Almost Unmoved at 106.89 points

The BLOM Bond Index remained relatively unchanged recording a 0.01% downtick to 106.89 points. The 5Y Eurobonds’ yield slipped slightly from 5.27% to 5.26%, while the 10Y yield remained constant at 6.20%. The spread between the 5Y Lebanese Eurobonds and its US equivalent narrowed by 2 basis points (bps) to 375 bps. As for Lebanon’s 5Y Credit Default Swaps (CDS), they slipped from 371-393 bps to 368-390 bps.

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