November 20, 2018 / 2:19 PM / a month ago

Sri Lanka CDS hit near 2-1/2 year high after rating downgrade

LONDON, Nov 20 (Reuters) - The cost of insuring Sri Lanka’s debt against default hit a near 2-1/2 year high on Tuesday after Moody’s cut the country’s credit rating deeper into junk territory.

Data from Markit showed 5-year Sri Lanka credit default swaps climbed to 399 basis points from 397 points and to the highest since July 2016. (Reporting by Marc Jones)

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