One-Year Relative Score of the IHS Markit Five-Year European Sovereign CDS Spreads: April 12, 2019
The following heat map shows IHS Markit's Relative CDS Score as of April 12, 2019 - compared to the past year's daily closing levels - for the IHS Markit five-year European Sovereign CDS spreads. Zero (green) indicates current spreads being at their tightest level, and 100 (red) indicates the widest level during the past 12 months.
Observations of note:
- Portugal's Five-year sovereign CDS spreads closed at 68bps on April 12, 2019, which is a significant improvement since the widest level over the past year of 143bps on May 29, 2018.
- Russia's CDS spreads at 133bps are also much tighter than the 180bps 12 month peak reported on September 10, 2018.
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