Price of credit default swaps rise in number of Gulf states

Falling oil prices threaten bond repayments

Tony DowdingDecember 10, 2024
Middle East map showing Saudi Arabia, Iran and other countries
Credit: Shutterstock/VINCENT GIORDANO

The cost of insuring against sovereign debt defaults, via credit default swaps (CDS), in Gulf states has risen in the last 12 months (year-end Sep 30), as falling oil prices threaten bond repayments, according to research by ...

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Tony DowdingDecember 10, 2024
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