BBI Gained 0.13% on October 2, 2014

The Lebanese Eurobonds market progressed for the second day, where the BLOM Bond Index (BBI) gained 0.13% to 108.15 points. The 5Y Lebanese Eurobonds’ yield added 1 basis point (bp) to reach 5.14%, while that of the 10Y steadied at 6.21%. The 5Y spread against the US Treasury benchmark remained unchanged at 344. Likewise, the 5Y Credit Default Swaps (CDS) stabilized at their previous quote of 335-365 bps.

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