Demand for Lebanese Eurobonds dropped on Wednesday for the 5th consecutive session, as its becoming more evident that Lebanon is following the “wait and see” investor mode apparent in the US Bond market. Hence, the BLOM Bond Index (BBI) fell by 0.14% to settle at 107.48 points. The yields on the 5Y and 10Y Lebanese Eurobonds increased by 6 basis points (bps) and 2 bps to 5.22% and 6.01%, respectively. With the weakening demand for Lebanon’s mid-term notes outpacing that of the US, the spread between the yields on the 5Y Lebanese Eurobonds and its US counterpart broadened by 2 bps to 364 bps. Lebanon’s 5Y Credit Default Swaps (CDS) remained unchanged at their previous quote of 372-391 bps.