BBI Remains Almost Stable at 108.48 Points on Friday

The Lebanese Eurobonds Market remained almost stable, with the BLOM Bond Index (BBI) gaining 0.01% to 108.48 points. The 5Y Lebanese Eurobonds’ yield steadied at 5.11%. As for the 10Y Lebanese Eurobonds’ yield, it gained 1 bp (basis point) to 6.13%. The 5Y spread against the US Treasury broadened by 7 bps to 362 bps as the 5Y yield on U.S securities dropped by 7 bps, while the 5Y CDS quote stood at 351-408 bps.