Lebanese Eurobonds Market Halted its Increased on Wednesday

The Lebanese Eurobonds market halted its increase, where the BLOM Bond Index (BBI) steadied at 108.55 points. The 5Y and 10Y Lebanese Eurobonds’ yield gained 1 basis point (bp) each to settle at 5.05% and 6.12%, respectively. The 5Y spread against the US Treasury benchmark widened by 1 bps to 336 bps. Meanwhile the 5Y Credit Default Swaps (CDS) remained unchanged at 340-370 bps.

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