CDSs widen on European auto industry

Alastair Marsh
29 Jan 2009

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Five-year senior credit default swap (CDS) spreads referencing Daimler moved out to 270bp at 11:00am today from 250bp at close of trading in New York yesterday, according to data from credit information specialist CMA Datavision.

CDSs on fellow German car makers Porsche and BMW widened to 561.7bp and 268.6bp from 543.6bp and 251.5bp, while spreads on Volkswagen moved from 192.8bp to 206.7bp.

Spreads on Swedish automakers Volvo and Scania widened to 432.5bp from 420bp and to 284.6bp from 267.5bp.

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.

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]

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]