The BLOM Bond Index (BBI) inched up by 0.07% to 107.65 points, as demand for medium-term Lebanese Eurobonds slightly progressed on Wednesday. The yield on the 10Y remained at 5.99% while that of the 5Y declined by 2 basis points (bps) to 5.18%. On the US front, the yield on the medium-term U.S notes went down by 3 bps to close the session at 1.57%, illustrating a slight improvement. Accordingly, the spread between the yields on the 5Y Lebanese Eurobonds and their US counterpart marginally broadened by 1 bps to 361 bps. Lebanon’s 5Y Credit Default Swaps (CDS) narrowed from a previous quote of 371-396 bps to 371-395 bps.