Indonesia credit default swap spread hits 15-month top
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SINGAPORE, Feb 6 (Reuters) - The cost of insuring against sovereign default in Indonesia crept to a 15-month high on Friday after credit-rating firm Moody’s cut its outlook for the Southeast Asian country’s credit.The five-year credit default swap spread climbed to 80.06 basis points, a slight rise from a day earlier and a rise of about 3 bps for the week, showed data from S&P Global Market Intelligence.
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