Demand for short- and medium-term maturities improved on Thursday, as shown by the BLOM Bond Index (BBI) that ticked up by 0.05% to 103.75 points.
The yield on the 5Y Lebanese Eurobonds dropped by 1 basis point (bp) to 6.14%, while that of the 10Y Lebanese Eurobonds added 1 bp to 6.72%.
As for the US, demand for the 5Y treasuries dropped on Thursday, thus the spread between the 5Y yield on the Lebanese Eurobonds and that of their US counterparts narrowed by 5 bps to 488 bps.
Lebanon’s 5Y Credit Default Swaps (CDS) narrowed from their previous bid-ask range of 448-468 bps to 445-465 bps.
*Between Lebanese and U.S notes 
