Continued protests keep Egyptian CDS spreads volatile

egypt flag

The cost of insuring against an Egyptian default remained volatile today, as the tense stand-off between protesters and government supporters continued across the country. Spreads on Egyptian credit default swaps (CDS) narrowed from 389 basis points at close of play yesterday to 377bp by 1.00pm UK time today, according to financial data provider Markit. Although the violence that has raged between the two groups over the past two days seems to have abated, pro-democracy forces remain entrenched

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: