Thursday, August 15, 2013

Reuters: US Dollar Report: Egypt debt insurance costs hit 6-week highs - Markit

Reuters: US Dollar Report
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Egypt debt insurance costs hit 6-week highs - Markit
Aug 15th 2013, 08:53

LONDON | Thu Aug 15, 2013 4:53am EDT

LONDON Aug 15 (Reuters) - Egypt's debt insurance costs rose sharply on Thursday following nationwide violence in the previous day after security forces broke up Cairo protest camps set up by supporters of deposed President Mohamed Mursi.

Egypt's five-year credit default swaps rose 30 basis points to 800 bps, according to Markit, their highest level in six weeks.

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