Credit-default swaps on Italy, the derivative contracts that signal the risk of insolvency, have soared to an all-time high of 422,5 points on the CMA platform. This was reported by the Bloomberg agency. Record levels also for the French CDS (179 points). The Greek ones (at 2.428 points), the Irish (825) and the Spanish (410) also rose sharply.
Credit-default swaps on Italy soar to all-time highs
Derivative products with insolvency insurance as collateral signal investors' distrust of Italian debt. A climate that also affects France and the so-called Pigs.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Rome, and by an innovative and effective team of innovation and web managers.
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