Cost of insuring Turkey's debt climbs after opposition crackdown
ReutersJul 7, 2025 9:02 AM
LONDON, July 7 (Reuters) - The cost of insuring Turkey's debt against default rose on Monday after a widening legal crackdown against the main opposition party over the weekend.
Turkey's 5-year credit default swap widened by 13 basis points from Friday's close to reach 292 basis points, according to data from S&P Global Market Intelligence.
The country's lira currency also weakened some 0.2% to beyond 40 against the dollar.
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