Demand for Lebanese Eurobonds weakened on Tuesday as the BLOM Bond Index (BBI) declined by 0.26% to 106.99 points. Yields on the 5Y and 10Y Lebanese Eurobonds went up by 4 basis points (bps) and 5 bps to 5.22% and 6.09%, respectively. Demand for medium-term U.S notes slightly improved pushing the yield on those notes down by 3 bps to 1.68%. In turn, the spread between the 5Y Lebanese Eurobonds and its US equivalent broadened by 7 bps to 354 bps. Meanwhile, Lebanon’s 5Y Credit Default Swaps (CDS) marginally narrowed from a previous quote of 345-368 bps to 342-364 bps.