Get thefreeapp!Use the browser menubelowon the top rightand tap
1. 5Y credit default spreads have almost doubled since the start of unrest to 2161bp, second in the world only to Argentina
2. 10Y Eurobond prices have fallen to less than half their face value.
3. access to external funding has become even more constrained, with foreign financial institutions cutting their exposure, impacting trade finance, and raising concerns of shortages of goods, medicine and fuel.
4. A parallel exchange rate has emerged, with the pound trading at more than 30% above the official LBP1,507 against the dollar.