Skip to main content

CDS spreads widen in market turmoil

The cost of credit protection on European banks climbed in early trading today as stock markets across Europe and Asia tumbled.

Five year credit default swaps on UK financial institutions, which tightened significantly yesterday following the announcement of the UK government’s rescue plan on October 8, widened this morning. So far, a number of banks have confirmed participation in the scheme including Barclays, Lloyds TSB, HBOS and Royal Bank of Scotland (RBS).

According to credit information specialist CMA Datavision

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Want to know what’s included in our free membership? Click here

Show password
Hide password

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here