CDS: Spreads continue to narrow on US banks, BofA tightens 13%

Credit default swap 5-year mid-levels for structured products issuers (Wednesday March 11)

Banco Santander, S.A.164.64Bank of America Corp.303.35Barclays Bank Plc231.71BNP Paribas125Citigroup Inc558.1Commerzbank AG125.58Credit Agricole SA130Credit Suisse Group245Deutsche Bank AG160Goldman Sachs Group Inc313.81HSBC Bank PLC157.28ICICI Bank Limited694.56ING Bank NV163.97JP Morgan Chase & Co.186.79KBC Group NV326.11Mizuho Corporate Bank150Morgan Stanley420.98National Australia Bank218.31Nordea Bank AB160Royal Bank of Scotland Group Plc215.96Societe Generale SA130Standard Chartered

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