The cost of insuring eurozone sovereign debt has tightened marginally following yesterday's widening.
Data provided by CMA DataVision shows that at 10:30 BST today the cost of five-year credit default swap (CDS) protection on Portuguese sovereign debt stood at 279.6 basis points, a small fall from yesterday's close of 283.2bp. CDS spreads on Greek sovereign debt tightened slightly to 626bp in early-morning trading from yesterday's close of 648bp. Spanish CDS spreads tightened marginally to 185.6
The week on Risk.net, July 7-13, 2018Receive this by email