
CDSs on US financials widen
Five-year senior credit default swap (CDS) spreads referencing Bank of America moved out from yesterday's close of 154.5 basis points to 162.9bp at 2:50pm BST, according to data provided by credit information specialist CMA Datavision. Spreads on Wells Fargo widened to 124.5bp from 120bp.
CDSs on Goldman Sachs were trading wider at 140.4bp from 135.1bp, while CDSs on Morgan Stanley widened to 239bp from 236.7bp. Spreads on Citi moved out to 344.9 bp from 340.7bp.
In Europe, the cost of credit
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Credit derivatives
Regulation
What lies beneath: Nomura’s iceberg balance sheet
Collateral received by the Japanese bank exceeds its total on-balance-sheet assets – does it matter?
Receive this by email