CDS On Greece Hit New High

08 Apr 2010

One-year and five-year credit default swaps on Greece’s sovereign debt hit new highs as concerns about the country’s ability to fund itself persist.

One-year and five-year credit default swaps on Greece’s sovereign debt hit new highs as concerns about the country’s ability to fund itself persist. According to Markit, one-year swaps widened by 125 basis points to 600 bps, while the five-year CDS widened 40 bps to 450 bps. CMA DataVision ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial