Portuguese CDS spreads down on ECB bond purchase rumours
Nuclear generators improve as Fukushima stabilises, Egypt down after Libyan ceasefire
Credit default swap (CDS) spreads on Portuguese sovereign debt fell sharply today, reaching 496 basis points at 3.00pm UK time from a close yesterday of 511bp, according to market data specialist Markit. The spread contraction followed rumours that the European Central Bank is embarking on another round of Portuguese bond purchases.
Downgraded earlier this week, Portugal is locked in a political struggle over austerity measures that the government has decided are necessary to repair its finances
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Infrastructure
Communications surveillance solutions 2024: market update
A report offering Chartis’ latest view of the vendor landscape for communications surveillance solutions
SIMONE, the AI that nearly took down a bank
An algorithm designed to create new structured products ran out of control last year with almost catastrophic consequences for a major bank, as our exclusive whistleblower account reveals
Revealed: where banks are (literally) warehousing their swaps
As derivatives notional grows, dealers experiment with novel storage solutions
E-trading takes hold for FX swaps – sort of
Bulk of trades are being executed over screen, but bolder changes have stalled
From DNA to DHA – Preparing for a new era of digital human augmentation
As technology increasingly permeates societies, cultures and everyday activities, its integration into people’s lives is having a profound impact on what is expected of people in the workplace. Deloitte examines this evolution of today’s workforce, the…
Risk and finance: Working more closely together
Video interview: Thomas Kimner, SAS
Video interview: Fabio Merlino, Intesa Sanpaolo
Fabio Merlino, head of retail and insurance risk discusses how the wealth management division of Intesa Sanpaolo upgraded its risk analytics capabilities with the algo system used by its proprietary traders
The changing face of Risk.net and our magazines
Extensive reader consultation has helped us reshape editorial teams and our site
