UK credit default swaps nudge up to 12-week high

LONDON (Reuters) - The cost of insuring exposure to Britain's sovereign debt edged up to a more than 12-week high on Thursday.

Five-year credit default swaps rose 1 basis point to 22 basis points, the highest level since Aug. 3, according to IHS Markit data.

(Reporting by Tom Arnold; Editing by Jon Boyle)