CDS: Spreads tighten on US banks

Credit default swap 5-year mid-levels for structured products issuers (Tuesday March 10)

Banco Santander, S.A.170Bank of America Corp.349.46Barclays Bank Plc237.5BNP Paribas124.68Citigroup Inc578.3Commerzbank AG127.09Credit Agricole SA133Credit Suisse Group255Deutsche Bank AG168.31Goldman Sachs Group Inc351.29HSBC Bank PLC163.33ICICI Bank Limited710ING Bank NV170JP Morgan Chase & Co.220.59KBC Group NV314.39Mizuho Corporate Bank150.5Morgan Stanley459.54National Australia Bank225Nordea Bank AB150.4Royal Bank of Scotland Group Plc221Societe Generale SA135Standard Chartered

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