UK banks' CDS rise on tighter coronavirus restrictions
LONDON (Reuters) - The cost of insuring exposure to debt issued by British lenders rose on Monday after the country announced a tightening of coronavirus restrictions.
Credit default swaps (CDS) for Barclays added 7 basis points to 67 bps from Friday's close, HSBC rose 5 bps to 48 bps while Natwest Group gained 4 bps to 58 bps, data from IHS Markit showed.
(Reporting by Karin Strohecker; Editing by Tom Arnold)