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2 ArticlesCDS

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ICICI CDS at 934 bps

Credit Default Swaps on ICICI are trading at 934 bps, according to Markit. Credit default swaps are basically insurance against defaults. What the 934 means is ...

Three Iceland banks CDS auctions completed, exposure > Lehman

Three auctions for Credit Default Swaps of the three Icelandic banks that failed (Glitnir, Landsbanki and Kaupthing) have been completed today. (CDS is ...