Demand for Lebanese Eurobonds strengthened on Tuesday as the BLOM Bond Index (BBI) increased by 0.13% to 106.60 points. In turn, 10Y yield on the Lebanese Eurobonds downturned by 2 basis points (bps) to settle at 6.15% while that of the 5Y remained unchanged at 5.39%. The yield on medium-term US securities decreased by 3 bps to settle at 1.32% as demand for those notes improved. This resulted in the spread on the 5Y Lebanese securities and its US comparable to broadened by the 3 bps to 407 bps. In addition, Lebanon’s 5Y Credit Default Swaps (CDS) narrowed from a previous quote of 378-401 bps to 379-398 bps.