Demand for medium-term Lebanese Eurobonds fell on Friday causing the BLOM Bond Index (BBI) to drop by 0.04% to 107.23 points. Yield on the 10Y Lebanese Eurobonds remained at 6.03% while that of the 5Y went up by 5 basis points (bps) to 5.23%. The 5Y U.S notes illustrated a 10 bps increase on their yield to 1.75%. Accordingly, the spread between the yiled on the 5Y Lebanese Eurobonds and its US equivalent narrowed by 5 bps to 348 bps. Meanwhile, Lebanon’s 5Y Credit Default Swaps (CDS) remained at their previous quote of 345-372 bps.