Corporate

12 February – 16 February 2024

Summary: Swap spreads tighten slightly; iTraxx declines a little again.

 

One of the more widely-used measures of  corporate risk, swap-to-bond spreads, tightened slightly this week.

Another measure,  credit default swap premiums, again declined a little on average. The Australian credit default swap index, the iTraxx Australia Series 39, finished 1 point lower at 67.00 points.

 

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