BBI Lost 0.03% End of August

The Lebanese Eurobonds market weakened, where the BLOM Bond Index (BBI) lost 0.03% to 108.47 points. The 5Y Lebanese Eurobonds’ yield added 1 basis point (bp) to settle at 5.03%, while that of the 10Y lost 2 bps to 6.11%. The 5Y spread against the US Treasury benchmark widened by 1 bp to 340 bps. Meanwhile the 5Y Credit Default Swaps (CDS) steadied at 340-370 bps.

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