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Morgan Stanley debt protection costs rise 51 bps-CMA

Thu Sep 25, 2008 8:29am EDT

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NEW YORK, Sept 25 (Reuters) - The cost to insure the debt of Morgan Stanley (MS.N) rose on Thursday, amid continuing uncertainty over government plans to bail out the financial sector.

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Morgan Stanley's credit default swaps jumped to around 833 basis points, or $833,000 per year for five years to insure $10 million in debt, from 782 basis points on Wednesday, according to CMA DataVision. (Reporting by Walden Siew, Editing by Chizu Nomiyama)



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