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Israel's dollar bonds slide, CDS rises, as regional tensions escalate
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Israel's dollar bonds slide, CDS rises, as regional tensions escalate
Jun 12, 2025 2:51 AM

LONDON, June 12 (Reuters) - The cost of insuring

Israel's debt against default rose on Thursday, and its bond

prices slid, as regional security concerns spiked and the

country's own government wobbled.

Israel's five-year credit default swap rose 7 basis points

from Wednesday close, to reach 105 bps, according to S&P Global

Market Intelligence, while its international dollar bonds slid

more than 1 cent. The 100-year issuance, which matures in 2120,

shed more than 1.3 cents to be bid at 66.76 cents on the dollar,

Tradeweb data showed.

The United States restricted government employees' travel

outside Israel's cities, and pulled some personnel out of the

Middle East, due to escalating tensions with Iran.

Israel's parliament rejected early on Thursday a preliminary

vote to dissolve itself, giving the ruling coaltion led by Prime

Minister Benjamin Netanyahu more time resolve its worst

political crisis yet and avoid a ballot that polls suggest he

would lose.

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