Five Year Credit Default Default Swap Levels (APRIL 25, 2001)

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Five Year Credit Default Default Swap Levels (APRIL 25, 2001)

Name Bid Offer Ratings (Moody's/S&P)
U.S.
CIT 95 105 A1/A+
Citigroup 36 46 Aa2/AA-
Enron 120 145 Baa1/BBB+
Ford 85 90 A2/A
Georgia Pacific 225 250 Baa3/BBB-
Hilton 150 160 Baa3/BBB-
IBM 37 47 A1/A+
Sears Roebuck Acceptance 77 87 A3/A-
AOL (sr) 63 73 Baa1/BBB+
TXU Corp. 100 120 Baa3/BBB
Europe
Ahold 50 57 Baa1/BBB+
BSkyB 275 325 Ba1/BB+
Credit Lyonnais Sub 40 50 A1/A-
DaimlerChrysler 100 110 A3/A-
Deutsche Telekom 145 155 A2/A-
Poland 30 40 Baa1/BBB+
Tecnost 175 185 Baa2/BBB
Turkey 1000 1200 B1/B
Unicredito Italiano 42 50 Aa3/A+
Vivendi 110 120 Baa2/BBB
Japan
BOTM 40 50 A2/A-
Japan 20 33 Aa2/AAA
NTT 14 16 Aa1/AA
Toyota 15 25 Aa1/AAA
Asia Ex-Japan
China 60 70 A3/BBB
Hutchison Whampoa Finance 125 135 A3/A
Korea 140 150 Baa2/BBB
Malaysia 165 180 Baa2/BBB
Philippines 600 700 Ba1/BB+
Latin America
Argentina 1600 1900 B1/BB-
Brazil 830 930 B1/B-
Colombia 650 725 Ba2/BB
Mexico 270 320 Baa3/BB+
Venezuela 790 890 B2/B
Source: Lehman Brothers

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