The BBI Settled at 106.95 on Wednesday
The Lebanese Eurobonds’ market barely moved on Wednesday, as the BLOM Bond Index (BBI) settled at 106.95 points, recording a slight 0.06% increase. Both the 5Y and 10Y yields witnessed a 1 basis point (bp) slip to 5.27% and 6.20%, respectively. Hand in hand with that slip, the 5Y spread between the Lebanese Eurobonds and their US equivalent narrowed by 1 bp to register 380 bps. As for Lebanon’s 5Y Credit Default Swaps (CDS), it stood at 371-393 bps compared to of 371-393 bps recorded during the previous session.
