BBI Continued Recent Climb to 107.55 Points on Tuesday

BBI Continued Recent Climb to 107.55 Points on Tuesday

The Lebanese Eurobonds Market maintained its recent climb, with the BLOM Bond Index (BBI) gaining 0.08% to 107.55 points. The 5Y and 10Y Lebanese Eurobonds’ yields decreased by 2 basis points (bps) and 1 bp to respective yields of 5.32% and 6.24%. The 5Y spread against the US Treasury narrowed by 11 bps to 356 bps. The 5Y CDS remained almost stable, moving from 385-415 bps to 386-416 bps.

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