Apophis

Viewing entries tagged with 'CDS'

Apr23rd ’09 1:58 am

CDS-Spread as Rating

Apophis

, ,

Found a nice Blogentry[http://verlorenegeneration.wordpress.com/landerisiken-im-uberblick/] which displays the current high CDS Spreads in the market. CDS stands for Credit Default Swap, its basically an insurance against the Default of a the issuer of a paper (i.e. the case the issuer doesn't pay back the debt). You can buy such insurance also for countries.

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