As security concerns rose after the latest rounds of violence in the South of Lebanon, the Lebanese Eurobonds market saw a 0.10% decline in the BLOM Bond Index (BBI) to settle at 106.85 points. The 5Y yield gained 3 basis points (bps) to 5.24%, while the 10Y yield steadied at 6.23%. The 5Y spread against the US Treasury benchmark remained at 396 bps. The 5Y CDS quote remained relatively stable, moving to a spread of 369-399 bps from its last spread of 370-400.