Demand for Lebanese Eurobonds declined on Thursday causing the BLOM Bond Index (BBI) to drop by 0.22% to 107.28 points. Yields on the 5Y and 10Y Lebanese Eurobonds went up by 2 basis points (bps) and 4 bps to settle at 5.18% and 6.03%, respectively. In contrast, the 5Y U.S notes saw a recovery in demand illustrated by the 4 bps fall on its yield to 1.65%. Accordingly, the yield on the 5Y Lebanese Eurobonds and its US equivalent broadened by 6 bps to 353 bps. Meanwhile, Lebanon’s 5Y Credit Default Swaps (CDS) remained at their previous quote of 347-371 bps.