Demand for long-term Lebanese Eurobonds slightly went down on Friday, causing the BLOM Bond Index (BBI) to down-tick by 0.02% to 107.87 points. Yield on the 10Y Lebanese Eurobonds edged up by 1 basis point (bp) to settle at 5.95% while that of the 5Y remained steady at 5.12%. In contrast, the 5Y U.S notes saw a slight improvement in demand, illustrated by their yield dropping 2 basis points (bps) to 1.49%. In turn, the spread between the yield on the 5Y Lebanese Eurobonds and its US counterpart broadened by 2 bps to 363bps. Lebanon’s 5Y Credit Default Swaps (CDS) marginally narrowed from a previous quote of 369-396 bps to 369-395 bps.