The Lebanese Eurobonds Market Improved on Friday October 31
The Lebanese Eurobonds market improved, where the BLOM Bond Index (BBI) gained 0.04% to 108.19 points. The 5Y and 10Y Lebanese Eurobonds’ yields lost 1 basis point (bp) each to 5.16% and 6.21%, respectively. The 5Y spread against the US Treasury benchmark narrowed by 5 bps to 354 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) widened from 354-384 bps to 357-387 bps.
