Middle East CDS markets steady despite Egyptian cabinet reshuffle

Egyptian prime minister resigns as spreads stay stable in Middle East and eurozone

egypt flag

Despite the escalating conflict between pro-government and rebel forces in Libya, risk perceptions across the Middle East and north Africa region showed signs of stabilising today, after several weeks of intense volatility.

In Egypt, despite the resignation of prime minister Ahmed Shafiq this morning, credit default swap (CDS) spreads narrowed from 370 basis points at the close of trading yesterday to 369bp by 1.00pm today, according to financial information provider Markit. In recent days

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here