Demand for Lebanese Eurobonds strengthened on Thursday as the BLOM Bond Index (BBI) increased by 0.07% to settle at 106.71 points. The yield on the 10Y Lebanese Eurobonds remained unchanged at 6.14% while that of the 5Y declined by 4 basis points (bps) to 5.35%. With that in mind and the demand fall on medium-term US securities, evident by the 5 bps increase of the yield to 1.40%, the spread on the 5Y Lebanese securities and its US comparable narrowed by 9 bps to 395 bps. In addition, Lebanon’s 5Y Credit Default Swaps (CDS) slightly moved from a previous quote of 373-398 bps to 374-394 bps.