The unforeseen embargo of Qatar was followed by the equally unexpected and heavily publicised anti-corruption measures in Saudi Arabia, both of which caused shockwaves, leading to widening of the credit default swap spreads
EBRD decided to take advantage of the supportive market backdrop for issuance, exploiting a constructive window in between volatile conditions and following the widening in swap spreads
The unforeseen embargo of Qatar was followed by the equally unexpected and heavily publicised anti- corruption measures in Saudi Arabia, both of which caused shockwaves, leading to widening of the credit default swap spreads
Examining swap spreads
and the implications for funding the government".
Posteriormente, desde el inicio de la crisis financiera, en agosto de 2007 hasta la quiebra de Lehman Brothers en septiembre de 2008, el Money Market Spread aumento considerablemente en mayor proporcion que los Swap Spreads
hasta estar alrededor de 11 y 50 pb por encima para los vencimientos de uno y cinco anos, respectivamente.
Despite a slight uptick in credit default swap spreads
in the Philippines due to pre-election jitters, the equity market climbed the most-with a 10.
Caption: Figure 2 Asset Swap Spreads
(in basis points) Asset Swap Spreads
2005) found evidence for a difference between default swap spreads
and corporate bond yield spreads, using various risk-free benchmarks.
To a lesser extent, five-year basis swap spreads
(in essence the cost of hedging against dollar movements over five years) have recently risen against the British pound, the euro and the Swiss franc, although they remain well below the highs during the euro crisis of 2011-12.
They examine the impact of statements by Federal Reserve officials on emerging-market stock prices, exchange rates, and credit default swap spreads
(the spread between an interest-rate swap and the equivalent government bond).
To provide an accurate reflection of the borrowing costs of major European banks, the Bloomberg European Banks Funding Margin Index measures a six month moving average of asset swap spreads
of the bonds from 20 highly-rated European banks.