The BLOM Bond Index (BBI) increased by 0.20%, on Wednesday, to settle at 107.89 points as demand for Lebanese Eurobonds progressed. Yields on the 5Y and 10Y Lebanese Eurobonds declined by 6 basis points (bps) and 3 bps to 5.12% and 5.94%, respectively. Similarly, 5Y U.S notes saw an improvement in demand but were outpaced by the performance of their Lebanese comparable. In turn, the spread between the two notes yields narrowed by 5 bps to 359 bps. Lebanon’s 5Y Credit Default Swaps (CDS) remained at their previous quote of 369-396 bps for the past three sessions. Improved Performacne in the Lebanese Eurobond Market