BBI Steadied at 108.47 on Monday
The Lebanese Eurobonds market stabilized, where the BLOM Bond Index (BBI) steadied at 108.47 points. The 5Y and 10Y Lebanese Eurobonds’ yield added 2 basis points (bps) and 1 bp to settle at 5.05% and 6.12%, respectively. The 5Y spread against the US Treasury benchmark widened by 2 bps to 342 bps. Meanwhile the 5Y Credit Default Swaps (CDS) were unchanged at 340-370 bps.
