CDSs on financials continue to tighten

Five-year senior credit default swap (CDS) spreads referencing Royal Bank of Scotland fell from yesterday's close of 192.6 basis points to 187.6bp as of 16:25 GMT, according to data from credit information specialist CMA Datavision. Spreads on Barclays moved in from 192.7bp to 190bp, while CDS on Lloyds tightened from 183.2bp to 179.6bp. HSBC was the only UK bank to witness a slight widening in its spreads, from 139.4bp to 139.8bp.

French banking giant BNP Paribas saw its CDS move in from 100.7bp

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: