Reuters logo
Spanish CDS rise to near 1-mth high after Catalan vote
October 2, 2017 / 10:04 AM / 2 months ago

Spanish CDS rise to near 1-mth high after Catalan vote

LONDON (Reuters) - The cost of insuring exposure to Spanish debt rose on Monday to a near one-month high as investors weighed the political fallout from a violent police crackdown on an independence vote in Catalonia.

Data from IHS Markit showed that five-year credit default swaps (CDS) for Spain rose 3 basis points (bps) from Friday’s close to 66 bps, the highest level since Sept. 5 and up 12 bps from a trough of 54 bps on Sept. 19.

Reporting by Claire Milhench; editing by Sujata Rao

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below