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Company News

UK credit default swaps nudge up to 12-week high

LONDON, Oct 29 (Reuters) - The cost of insuring exposure to Britain’s sovereign debt edged up to a more than 12-week high on Thursday.

Five-year credit default swaps rose 1 basis point to 22 basis points, the highest level since Aug. 3, according to IHS Markit data.

Reporting by Tom Arnold; Editing by Jon Boyle

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