The Lebanese Eurobonds halted its decline, with the BLOM Bond Index (BBI) inching up marginally by 0.04% to 107.96 points. Demand on Lebanese Eurobonds improved, pushing each of the 5Y and 10Y Lebanese Eurobonds’ yields down by 1 basis point (bp) to 5.21% and 6.24%, respectively. The 5Y spread against the US Treasury benchmark narrowed by 6 bps to 377 bps. Meanwhile, the 5Y Credit Default Swaps (CDS) broadened from 400-430 bps to 406-437 bps.