Frail Activity on the Lebanese Eurobonds Market on Wednesday
The Lebanese Eurobonds Market experienced two consecutive calm sessions as the BLOM Bond Index (BBI) down-ticked by 0.01% to 106.83 points. As the yield on the 5Y Lebanese Eurobonds remained 5.26% the yield on 10Y increased 1 basis point (bp) 6.10%. Moreover, the spread between the 5Y Lebanese Eurobonds and their US comparable broadened by 1 bp to 366 bps. Meanwhile, the Lebanon’s 5Y Credit Default Swaps (CDS) shifted from 370-394 bps to 372-392 bps.
