The Lebanese Eurobonds Market Remained on its Downhill Track on September 28, 2014

The Lebanese Eurobonds market remained on its downhill track where the BLOM Bond Index (BBI) lost 0.01% to 108.09 points. The 5Y and 10Y Lebanese Eurobonds’ yields added 1 basis point (bp) and 2 bps to stand at 5.10% and 6.21%, respectively. The 5Y spread against the US Treasury benchmark narrowed by 4 bps to 330 bps. However, the 5Y Credit Default Swaps (CDS) widened from 335-365 bps to 344-379 bps.

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