CDS spreads on European financials widen

The cost of credit protection on European banks rose today, while sentiment continued to improve towards major US financials, 10 of which have committed to repay $68 billion of government loans.

Five-year senior credit default swaps (CDSs) referencing Barclays widened to 139.7 basis points at 4:00pm BST today from 133.9bp at close of trading in New York yesterday, according to credit information specialist CMA Datavision. Spreads on BNP Paribas moved out to 68.7bp from 62.4bp.

CDSs on Société Générale were trading wider at 98.5bp from 94.7bp, while CDSs on Deutsche Bank moved out to 93.3bp from 87.4bp.

In the US, CDS spreads referencing JP Morgan narrowed to 89.8bp from 94.9bp, while

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


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

This address will be used to create your account

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 individual account here