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mapleleafs
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Joined: August 24th, 2005, 2:13 pm

CDS Switch

March 19th, 2008, 9:33 am

CNOOC 5s7s 4/8what does 5s7s mean?
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mrowell
Posts: 4
Joined: July 14th, 2002, 3:00 am

CDS Switch

March 19th, 2008, 10:55 am

buy/sell 5yr protection sell/buy 7yr protection.The bid of 4 referes to the buy on the short leg, sell on thelong I think.
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