Credit Default Swaps

Credit default swaps (CDS), a type of derivative financial instrument, are tradable insurance contracts used to hedge against default by a debtor. The lower the hedging premium (CDS level), the lower the market considers the issuer's default risk to be. CDS are regarded as possible indicator for determining the credit margin when raising debt capital.

Rates for Five-Year Credit Default Swaps (CDS)
in basis points
As of: June 30, 2018 


Current Event

November 13, 2018

Q3 2018 Interim Report