Serving the Quantitative Finance Community
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- knowtorious
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CDS on US Govt
I've heard of CDS trading on US Govt Issued debt at around 70bp currently. Can anyone shed some light on the trade details and the actual theoretical valuation for how one would come up with this spread? Is the premium paid in euro? This should be especially interesting given that the 30Y US swap rate is well through the 30y bond yield. What should the 30Y cds market be, if one existed?
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- knowtorious
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CDS on US Govt
I don't believe there is a ticker for soveriegn cds. i could very easily be mistaken though.
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- Martinghoul
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CDS on US Govt
There are tickers... Easiest thing to do is to get to them from the SOVR screen. You can see all of them there, including US.
Last edited by Martinghoul on December 3rd, 2008, 11:00 pm, edited 1 time in total.
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- knowtorious
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CDS on US Govt
Thanks for the SOVR screen. Very interesting. Any idea how you come up with CDS level though for the US, and what are the contract details?