Stagnant Lebanese Eurobonds Market on Monday
The BLOM Bond Index (BBI) remained unchanged at 103.59 points on Monday with the yields on the Lebanese Eurobonds maturing in 5 and 10 years stabilizing at 6.12% and 6.79%, respectively.
The spread between the yield on the 5 Year Lebanese Eurobonds and the yield on their US comparable narrowed by 1 basis point to 474 basis points (bps).
Monday’s bid-ask range for Lebanon’s 5Y Credit Default Swaps (CDS) was 444-464 bps compared to a previous range of 440-470 bps.
*Between Lebanese and U.S notes
