Cost of insuring Israel's debt against default falls to lowest since 2023
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LONDON, July 15 (Reuters) - The cost of insuring Israel's debt against default dropped to its lowest level since just after the October 7 Hamas attacks in 2023, data from S&P Global Market Intelligence showed on Tuesday.
Five year credit default swaps fell to 76 basis points, a 46 bps drop from last month's high and its lowest since October 6, the day before the attacks when they stood at 59 bps.
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