The Lebanese Eurobonds Barely Slipped on Friday by 0.02%

The BLOM Bond Index (BBI), an indicator of the Lebanese Eurobonds’ market, barely slipped by 0.02% on Friday, registering 106.97 points. Yield on the 5Y Lebanese Eurobonds continues to experience, in 3 consecutive sessions, no change settling at 5.27%. Hand in Hand with that, the spread between the 5Y Lebanese Eurobonds and their US equivalent persisted at 373 basis points (bps). Furthermore, the 10Y yield remained stagnant at 6.18% while the Lebanon’s 5Y Credit Default Swaps (CDS) decreased from 373-394 bps to 369-393 bps.

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