Eastern Europe Exposure Spikes Austrian CDS

Eastern Europe Exposure Spikes Austrian CDS

Five-year credit default swaps on Austrian bonds soared on persistent concern over its excessive exposure to Eastern Europe.

Five-year credit default swaps on Austrian bonds soared on persistent concern over its excessive exposure to Eastern Europe. CDS climbed 16 basis points to 230/245 bps, while swaps on the sovereign debt of other European countries slightly tightened.

Click here to read the story from Dow Jones Newswires

Related articles

Gift this article