Portuguese CDS spreads widen ahead of austerity vote

Portuguese credit default swap (CDS) spreads experienced a big spike today, widening from 498 basis points at close of play yesterday to 537bp by 4.00pm UK time today, according to financial information provider Markit. The rise comes a day before the government's latest round of austerity measures are expected to be put to a vote in parliament. The main opposition party has refused to back the proposals, and if they are defeated in parliament it could spell the end for prime minister Jose

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

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: