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The cost of insuring Bahraini sovereign debt for five years rose 12 basis points on Monday following violent protests over the weekend.
Five-year credit default swaps rose to 305bps, data from Markit showed, defying a broader easing seen for other regional sovereign credits.
The cost of insuring Bahraini debt hit 19-month highs of 318bps in late February when anti-government protests first erupted at Pearl Roundabout and resulted in the death of seven demonstrators and serious injuries to protesters and police officers.
