Demand for medium and long term Lebanese Eurobonds strengthened in the beginning of the week, as the BLOM Bond Index (BBI) increased by 0.32% to settle at 107.94 points. The yields on 5Y and 10Y Lebanese Eurobonds declined by 5 basis points (bps) and 8 bps to 5.14% and 5.92%, respectively. In turn, with the fall in demand for mid-term US notes, the spread between the yields on the 5Y Lebanese Eurobonds and its US comparable narrowed by 7 bps to 378 bps. Lebanon’s 5Y Credit Default Swaps (CDS) remained at their previous quote of 371-392 bps.