20 November – 24 November 2023

Summary: Corporate bond spreads unavailable this week; swap spreads widen a little; iTraxx up.

One of the widely-used measures of corporate risk, swap-to-bond spreads, generally widened a little.

Another measure,  credit default swap premiums, increased modestly on average. The Australian credit default swap index, the iTraxx Australia Series 39, finished 1.00 point higher at 75.50 points.