CDS On Hungary Inch Toward Record

06 Mar 2009

Five-year credit default swaps on Hungary’s sovereign debt inched up 1.3 basis points Friday to 619.9 bps, breaking the record set a day earlier.

Five-year credit default swaps on Hungary’s sovereign debt inched up 1.3 basis points Friday to 619.9 bps,breaking the record set a day earlier. The small increase followed a surge of 34 bps Thursday. Investors reportedly now are viewing countries in Central and Eastern Europe individually, rather ...

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