Demand for Lebanese Eurobonds decreased on Tuesday, as the BLOM Bond Index (BBI) diminished by 0.11% to 102.78 points. The yield on the 10Y Lebanese Eurobonds went up by 2 basis points (bps) to 6.88%, while the yield on the 5Y Lebanese Eurobonds remained at 6.50%. Medium term US notes saw a growing demand on Tuesday, as the 5Y yield dropped by 10 bps to 1.31%. Hence, the spread between the 5Y yield on the Lebanese Eurobonds and US treasury notes broadened by 10 bps to reach 522 bps. Lebanon’s 5Y Credit Default Swaps (CDS) decreased from their previous quotes of 451-471 bps to 441-461 bps.
*Between Lebanese and U.S notes 
