| FIVE YEAR CREDIT DEFAULT SWAP LEVELS (JANUARY 24, 2001) | |||
| Name | Bid | Offer | Ratings (Moody's/S&P) |
| U.S. | |||
| CIT | 85 | 105 | A1/A+ |
| Citigroup | 50 | 60 | Aa2/AA- |
| Enron | 120 | 140 | Baa1/BBB+ |
| Ford | 110 | 120 | A2/A |
| Georgia Pacific | 250 | 280 | Baa2/BBB- |
| Hilton | 70 | 90 | Baa3/BBB- |
| IBM | 45 | 55 | A1/A+ |
| Sears Roebuck Acceptance | 90 | 110 | A3/A- |
| Time Warner | 60 | 70 | Baa1/BBB |
| TXU Corp. | 100 | 120 | Baa3/BBB |
| Europe | |||
| Ahold | 62 | 70 | Baa1/BBB+ |
| BSkyB | 280 | 330 | Ba1/BB+ |
| Credit Lyonnais | 60 | 80 | A2/A- |
| DaimlerChrysler | 125 | 135 | A1/A+ |
| Deutsche Telekom | 125 | 135 | A2/A- |
| Poland | 35 | 42 | Baa1/BBB+ |
| Tecnost | 220 | 240 | Baa2/BBB |
| Turkey | 600 | 650 | B1/B+ |
| Unicredito Italiano | 56 | 64 | Aa3/A+ |
| Vivendi | 115 | 135 | Baa2/BBB |
| Japan | |||
| BOTM | 52 | 58 | A2/A- |
| Japan | 15 | 18 | Aa2/AAA |
| NTT | 37 | 46 | Aa1/AA |
| Toyota | 23 | 33 | Aa1/AAA |
| Asia Ex-Japan | |||
| China | 60 | 70 | A3/BBB |
| Hutchinson Whampoa Finance | 130 | 140 | A3/A |
| Korea | 135 | 145 | Baa2/BBB |
| Malaysia | 125 | 135 | Baa2/BBB |
| Latin America | |||
| Argentina | 580 | 660 | B1/BB |
| Brazil | 525 | 550 | B2/B+ |
| Colombia | 625 | 725 | Ba2/BB |
| Mexico | 240 | 280 | Baa3/BB+ |
| Venezuela | 775 | 850 | B2/B |
| Source: Lehman Brothers |
Five Year Credit Default Swap Levels
