BBI added 0.09% on October 3, 2014

The Lebanese Eurobonds market enhanced, as shown by the BLOM Bond Index (BBI) that added 0.09% to 108.25 points. The 5Y and 10Y Lebanese Eurobonds’ yields added 1 basis point (bp) and 2 bps to reach 5.15% and 6.23%, respectively. The 5Y spread against the US Treasury benchmark widened by 1 bp to 345 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) stabilized at their previous quote of 335-365 bps.

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