Spanish banks prepare for refinancing risk as CDSs blow out
As markets continued to scrutinise southern European economies, the cost of credit protection on Spanish banks ballooned further today. Five-year credit default swaps referencing BBVA had risen to 242.6 basis points as of 15.50 London time, compared with 221.5bp at New York close yesterday, according to market information provider CMA DataVision. Credit spreads on Santander moved out from 207.3bp to 228.7bp over the same period, while CDSs referencing Spanish sovereign debt rose to 264.3bp from
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk management
Risk Management
Eurex upgrade timeline too tough, say banks
As exchanges prepare roll-out of major upgrades, banks are struggling to cope
Receive this by email