Saudi Arabia CDS hit 100 bps, highest since June [Reuters]
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Source: Reuters
Saudi Arabia CDS hit 100 bps, highest since June | Reuters 1 Min Read LONDON, Oct 19 (Reuters) - Saudi Arabia’s debt insurance costs hit their highest since June on Friday, as tensions continued to rise over the disappearance of Saudi journalist Jamal Khashoggi at an embassy in Turkey. U.S. President Donald Trump said on Thursday that he presumed Khashoggi was dead and that the U.S. response to Saudi Arabia was likely to be “very severe”. Saudi credit default swaps which investors buy as protection against default, rose to 100 basis points for the first time since June, data from IHS Markit showed. (Reporting by Marc Jones; editing by Helen Reid) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Saudi Arabia CDS hit 100 bps, highest since June LONDON, Oct 19 (Reuters) - Saudi Arabia’s debt insurance costs hit their highest since June on Friday, as tensions continued to rise over the disappear
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