Saudi Arabia, Aramco dollar bonds recover after oil attacks | BOE Report:
Dollar-denominated bonds issued by Saudi Arabia's government and state-oil firm Saudi Aramco rebounded on Tuesday after slumping in the wake of attacks on Saudi Arabia's oil facilities.
Saudi Arabia's 2046 and 2047 issues , as well as Aramco bonds maturing in 2049 rose more than 0.7 cent in the dollar, recovering some of Monday's losses, data from Tradeweb showed.
In a sign that investor concern about fallout from the attacks might be abating, Saudi Arabia's sovereign five-year credit default swaps remained at 66 basis points on Tuesday, the same level as Monday's close, according to IHS Markit data.
It had risen six basis points on Monday.
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