CDS: Spreads on US financials narrow

Credit default swap 5-year mid-levels for structured products issuers (Friday March 13)

Banco Santander, S.A.165.71Bank of America Corp.292.11Barclays Bank Plc245BNP Paribas136.48Citigroup Inc536.14Commerzbank AG139.08Credit Agricole SA140Credit Suisse Group255.47Deutsche Bank AG163.17Goldman Sachs Group Inc283.13HSBC Bank PLC170.75ICICI Bank Limited688.53ING Bank NV173JP Morgan Chase & Co.174.04KBC Group NV329.9Mizuho Corporate Bank156.23Morgan Stanley392.5National Australia Bank204.77Nordea Bank AB163.4Royal Bank of Scotland Group Plc230.52Societe Generale SA136.84Standard

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