BBI added a slight 0.03% on October 1, 2014

The Lebanese Eurobonds market improved where the BLOM Bond Index (BBI) gained 0.03% to 108.01 points. The 5Y and 10Y Lebanese Eurobonds’ yields added 1 basis point (bp) each to reach 5.13% and 6.21%, respectively. Due to the high demand on US treasuries the 5Y and 10Y spreads against the US Treasury benchmarks broadened by 10 bps and 11 bps to 344 bps and 379 bps, respectively. Meanwhile, the 5Y Credit Default Swaps (CDS) narrowed from 344-377 bps to 335-365 bps.

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