Demand for Lebanese Eurobonds slightly weakened on Monday, as the BLOM Bond Index (BBI) down-ticked by 0.02% to 107.17 points. The yield on the 10Y Lebanese Eurobonds steadied at 6.05%, for the third consecutive session, while that of the 5Y ticked up by 1 basis point (bp) to 5.20%. The spread between the 5Y Lebanese Eurobonds and its US equivalent narrowed by 8 bps to 352 bps as demand for medium-term U.S notes significantly fell, faster than that of their Lebanese counterpart. Meanwhile, Lebanon’s 5Y Credit Default Swaps (CDS) tightened from a previous quote of 339-367 bps to 336-364 bps.