BBI lost 0.09%, on October 8, 2014

The Lebanese Eurobonds market halted its two-day improvement this week, where the BLOM Bond Index (BBI) lost 0.09% to 108.19 points. The 5Y Lebanese Eurobonds’ yield added 1 basis point (bp) to 5.16%, while that of the 10Y steadied at 6.23%. The 5Y spread against the US Treasury benchmark broadened by 8 bps to 359 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) stabilized at their previous quote of 335-365 bps.

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