The BLOM Bond Index (BBI) dropped by 0.06% to 107.50 points, as demand for long-term Lebanese Eurobonds fell on Friday. Yield on the 10Y Lebanese Eurobonds upticked by 1 basis point (bp) to 6.01% while that of the 5Y steadied at 5.20%. On the US front, demand for medium-term U.S notes declined, illustrated by the 4 bps increase in their yield to end up at 1.57%. Accordingly, the spread between the yields on the 5Y Lebanese Eurobonds and their US equivalent narrowed by 4 bps to 363 bps. Lebanon’s 5Y Credit Default Swaps (CDS) slightly drifted from a previous quote of 370-395 bps to 369-396 bps.