Five-year CDS fall to lowest level since 2020: Finance Ministry
The Ministry of Finance announced that Egypt’s five-year credit default swap (CDS) prices fell below 270 basis points on 6 January, marking their lowest level since 2020. At the same time, the cost and yields of international bonds declined sharply by between 300 and 400 basis points compared to the same period last year. In [...]The post Five-year CDS fall to lowest level since 2020: Finance Ministry first appeared on Dailynewsegypt.
