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CMA DataVision
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Finance
finance · City PM
The cost of protecting Irish government debt against default rose to 221 basis points.
“The cost of protecting Irish government debt against default rose to 221 basis points from 215 basis points seen just before S&P said it was downgrading Ireland’s debt, according to monitor CMA DataV…”
221 basis points
215 basis points
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finance · City PM
It now costs €221,000 per year to insure an exposure of €10m of Irish government bonds.
“This means it now costs €221,000 per year to insure an exposure of €10m of Irish government bonds.”
221000 euros
10000000 euros
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