Lebanese Eurobonds Market Improved on September 5

The Lebanese Eurobonds market improved, with the BLOM Bond Index (BBI) inching up slightly by 0.03% to 108.58 points. The 5Y and 10Y Lebanese Eurobonds’ yields lost 1 basis point (bp) each to settle at 5.03% and 6.11%, respectively. The 5Y spread against the US Treasury benchmark widened by 1 bp to 334 bps. Meanwhile the 5Y Credit Default Swaps (CDS) steadied at 330-360 bps.

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