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Egypt debt insurance costs hit 6-week highs: Markit

Reuters , Thursday 15 Aug 2013
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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 Morsi.

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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