Demand for medium and long term Lebanese Eurobonds continued their downturn on Thursday, as the BLOM Bond Index (BBI) ticked down by 0.09% to settle at 107.34 points. The yields on the 5Y and 10Y Lebanese Eurobonds augmented by 2 basis points (bps) each to settle at 5.24% and 6.03%, respectively. The spread between the yields on the 5Y Lebanese Eurobonds and its US counterpart broadened by 5 bps to 369 bps. This was on the back of the correction in demand for US mid-term notes illustrated by a 3 bps decrease in the yield on 5Y notes to 1.55%. Lebanon’s 5Y Credit Default Swaps (CDS) remained stagnant at their previous quote of 372-391 bps.