BLOM Bond Index Little Changed at 107.11 points

The BLOM Bond Index (BBI) shed 0.07% on Thursday to settle at 107.11 points. In fact, demand on 5Y Lebanese Eurobonds declined as shown by the uptick on their yield from 5.19% to 5.22% while the yield on the 10Y Lebanese Eurobonds steadied at 6.06%. Accordingly, the spread between the 5Y Lebanese Eurobonds and its US equivalent broadened by 2 bps to 352 bps. As for Lebanon’s 5Y Credit Default Swaps (CDS), they steadied at 336-364 bps, for the 4th consecutive session.

 

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