Corporate

06 May – 10 May 2024

Summary: Swap spreads barely change; credit default swap index lower again.

One of the more widely-used measures of corporate risk, swap-to-bond spreads, barely changed.

Another measure, credit default swap premiums, became less expensive on average for a third consecutive week. The Australian credit default swap index, the iTraxx Australia Series 39, finished 3 points lower at 65.00 points.

 

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