Demand for the Lebanese Eurobonds Continued to Decline
Demand for the Lebanese Eurobonds continued to decline, with the BLOM Bond Index (BBI) decreasing 0.10% to 107.51 points. The 5Y and 10Y Lebanese Eurobonds yields added 2 basis points (bps) each to 5.10% and 6.13%, respectively. The 5Y spread against the US Treasury benchmark narrowed 2 bps to 375 bps. Meanwhile, the 5Y CDS quote broadened from 366-394 bps to 368-397 bps.
