Five Year Credit Default Swap Levels (MARCH 2, 2001)

March 05, 2001 12:00 am

Name	Bid	Offer	Ratings (Moody's/S&P)
U.S.
CIT	105	115	A1/A+
Citigroup	40	50	Aa2/AA-
Enron	130	145	Baa1/BBB+
Ford	100	110	A2/A
Georgia Pacific	240	265	Baa2/BBB-
Hilton	180	200	Baa3/BBB-
IBM	50	55	A1/A+
Sears Roebuck Acceptance	90	100	A3/A-
Time Warner	66	76	Baa1/BBB+
TXU Corp.	100	120	Baa3/BBB
Europe
Ahold	53	57	Baa1/BBB+
BSkyB	270	320	Ba1/BB+
Credit Lyonnais	45	55	A2/A-
DaimlerChrysler	150	160	A1/A+
Deutsche Telekom	155	165	A2/A-
Poland	36	42	Baa1/BBB+
Tecnost	220	230	Baa2/BBB
Turkey	800	880	B1/B
Unicredito Italiano	38	48	Aa3/A+
Vivendi	130	140	Baa2/BBB
Japan
BOTM	50	56	A2/A-
Japan	16	18	Aa2/AAA
NTT	35	45	Aa1/AA
Toyota	18	25	Aa1/AAA
Source: Lehman Brothers

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