CDS: Spreads tighten; recover after early weakness

Credit default swap 5-year mid-levels for structured products issuers (May 26)

Banco Santander 94.065Bank of America 154.23Barclays Bank 151.015BNP Paribas 74.625Citi 341.78Commerzbank 107.97Credit Agricole 104.81Credit Suisse 107.5Deutsche Bank 95.175Goldman Sachs 145.16HSBC 86.61ICICI Bank 234.785ING 81.545JP Morgan 99.85KBC Group 248.335Mizuho Corporate Bank 55Morgan Stanley 234.225National Australia Bank 90.81Nordea Bank 96.98Royal Bank of Scotland 180.95Societe Generale 103.01Standard Chartered Bank 175Svenska Handelsbanken 97UBS 132

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