Sovereign CDS spreads widen

Five-year senior credit default swap (CDS) spreads referencing Australian sovereign debt moved out from 60.18 basis points at yesterday's New York close to 70bp at 2:30pm BST today, according to data from credit information specialist CMA Datavision. CDS spreads on New Zealand widened 7.37bp to 87.37bp.

In Europe, CDSs on Greece moved out by 8.2bp to 137.54bp, while CDSs on Finland were trading wider by 6.66bp at 35.65bp.

Market sentiment remained mostly steady towards financials today. Spreads on

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: