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CDS: Spreads narrow on financials, Morgan Stanley tightens 10%

Credit default swap 5-year mid-levels for structured products issuers (Monday March 16)

Banco Santander, S.A.148Bank of America Corp.271.47Barclays Bank Plc229.89BNP Paribas121.33Citigroup Inc509.73Commerzbank AG135Credit Agricole SA125Credit Suisse Group236.54Deutsche Bank AG150Goldman Sachs Group Inc252.87HSBC Bank PLC159.58ICICI Bank Limited669.27ING Bank NV167.08JP Morgan Chase & Co.152.89KBC Group NV314.37Mizuho Corporate Bank166.25Morgan Stanley352.64National Australia Bank195

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