Home

CDS

warning: strftime() [function.strftime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Europe/Berlin' for 'CET/1.0/no DST' instead in /var/syscp/webs/apophis/apophis-neXt/gallery2/modules/core/classes/GalleryPlatform.class on line 1219.

CDS-Spread as Rating

Thu, 04/23/2009 - 00:58 — apophis

Found a nice Blogentry 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.

Syndicate content