Saudi Banks Lend More on State Spending, Stability: Arab Credit - Zimb
 

03-11-11 06:33 PM

The cost of Saudi debt reached this year’s high of 143 basis points on Feb. 21 amid Shiite-led protests in the eastern oil-producing region and in Bahrain. Saudi Arabia’s credit default swaps closed at 113 basis points yesterday, CMA data show.

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