Demand for Lebanese Eurobonds recovered on Thursday, as the BLOM Bond Index (BBI) increased by 0.23% to 107.21 points. Yields on the 5Y and 10Y Lebanese Eurobonds went down by 4 basis points (bps) and 5 bps to 5.18% and 6.05%, respectively. Demand for medium-term U.S notes weakened pushing the yield on those notes up by 2 bps to 1.65%. Consequently, the spread between the 5Y Lebanese Eurobonds and its US equivalent narrowed by 6 bps to 353 bps. Meanwhile, Lebanon’s 5Y Credit Default Swaps (CDS) moved from a previous quote of 341-365 bps to 340-368 bps.