Lebanese Eurobonds Market Weakened on September 24

The Lebanese Eurobonds market slightly weakened where the BLOM Bond Index (BBI) dropped by 0.01% to 108.15 points. The 5Y and 10Y Lebanese Eurobonds’ yields steadied at 5.09% and 6.19%, respectively. The 5Y spread against the US Treasury benchmark narrowed by 4 bps to 327 bps. However, the 5Y Credit Default Swaps (CDS) narrowed from 338-370 bps to 335-365 bps.

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