Five-Year Credit-Default Swap Levels July 23, 2003

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Five-Year Credit-Default Swap Levels July 23, 2003

Name Bid Offer Bid Change (Weekly)
U.S.
American Express 20 26 0
AOL Time Warner 82 98 -2
Citigroup 22 28 -13
Disney 59 69 0
Federated Dept. Stores 35 51 -2
Ford 338 352 -5
Ford Credit 277 293 -15
General Electric Cap Corp. 35 41 -2
GMAC 247 263 -120
Goldman Sachs 32 38 0
Hertz 290 310 0
Hewlett Packard 24 32 0
IBM 34 40 2
Lehman Brothers 34 42 0
Merrill Lynch 35 41 -2
Morgan Stanley 35 41 -2
Philip Morris 279 291 -55
Wal-Mart 9.2 16.7 0
Name Bid Offer Bid Change (Weekly)
Europe
ABN AMRO 12.8 20.8 0
Aventis 12.8 20.8 0
Bayer 76.1 86.1 -7.4
BAE Systems 56.59 86.59 -2.01
BASF 11 21 0
Carrefour 33.9 43.9 -1
Credit Lyonnais 16 22 0
DaimlerChrysler 128.6 138.6 -6.2
Deutsche Telekom 78.4 83.4 -8.5
Dixons 52 62 -0.9
Endesa 30.85 40.85 -8.35
France Telecom 78.5 83.5 -7.3
Halifax 12 22 0
Iberdrola 23.9 33.9 -3.8
Marks & Spencer 29.1 39.1 0
Siemens 33.9 43.9 -1
UBS 11 17 0
Vodafone 26.7 36.7 -3.1
Name Bid Offer Bid Change (Weekly)
Asia
Amcor 56 56 0
BHP Billiton 30 30 0
Fujitsu 105 125 -15
Hutchison Whampoa 127.5 142.5 -5
Japan 17 20 0
Korea 90 100 0
Malaysia 82.5 97.5 0
Mizuho Bank 135 135 0
NEC 67 87 0
Qantas Airways 85 85 -3
Sony 23.5 38.5 1
Unfunded Mid Mid Change
Trac-X Main 44.5 49 -4.5
Trac-X Corp 53 59 -6
Trac-X TMT 56 63 -7
Trac-X Industrial 49 53 -4
Trac-X Consumer 56 60 -4
Trac-X Senior Financials 19 21.5 -2.5
Trac-X Subordinated Financials 40 44.5 -4.5

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