Middle East government bonds rise after Israel and Iran back ceasefire
ReutersJun 24, 2025 7:07 AM
LONDON, June 24 (Reuters) - Israel's, Jordan's and Egypt's international government bonds all rose on Tuesday alongside those from Saudi Arabia, Qatar and other parts of the Middle East, after Israel and Iran agree to ceasefire after 12 days of bombings.
Israel saw the biggest rises in its euro-denominated debt XS2022179662=TE Tradeweb data showed, while a number of Egypt's dollar-denominated bonds jumped over 1 cent XS1558078496=TE, XS1953057491=TE as the drop in oil prices looked set to ease its sizable energy import bills.
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