April 15, 2019 / 9:00 AM / 9 days ago

Turkish 5-year CDS climb 11 basis points to highest since pre-election market tumult

LONDON, April 15 (Reuters) - The cost of insuring exposure to Turkish sovereign debt rose on Monday to the highest level since pre-election market turmoil in late March, as the lira extended its losses after disappointment at the economic strategy the government laid out last week.

Turkey’s five-year credit default swaps rose 11 basis points (bps) from Friday’s close to 459 bps, according to data from IHS Markit. (Reporting By Tom Arnold; Editing by Hugh Lawson)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below