A Quick Look At The Latest Odds Of Default Across The Eurozone


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It’s an ugly day in Europe today, as all the PIIGS are selling off following the big Moody’s downgrade of Portugal.Yields on Portuguese debt are blowing out to new highs, and other countries like Italy are seeing heavy selling.

So just to get an update on things, here’s a quick look at default odds for various European countries


5 Year CDS: 66.9

Probability of default: 5.9%

Previous close: 63.6

Source: CMA


5 Year CDS: 161.8

Probability of default : 13.6%

Previous close: 148.9

Source: CMA


5 Year CDS: 47.6

Probability of default: 4.2%

Previous close: 45.4

Source: CMA


5 Year CDS: 37.9

Probability of default: 3.3%

Previous close: 36.8

Source: CMA


5 Year CDS: 85.7

Probability of default: 7.5%

Previous close: 80.5

Source: CMA


5 Year CDS: 43.0

Probability of default: 3.8%

Previous close: 40.4

Source: CMA


5 Year CDS: 2186.6

Probability of default: 82.1%

Previous close: 2091.3

Source: CMA


5 Year CDS: 277.1

Probability of default: 18.1%

Previous close: 265.3

Source: CMA


5 Year CDS: 813.3

Probability of default: 48.7%

Previous close: 768.4

Source: CMA


5 Year CDS: 214.7

Probability of default: 17.6%

Previous close: 196.3

Source: CMA


5 Year CDS: 40.4

Probability of default: 3.5%

Previous close: 38.4%

Source: CMA


5 Year CDS: 898.1

Probability of default: 52.1

Previous close: 807.1

Source: CMA


5 Year CDS: 292,4

Probability of default: 23.1%

Previous close: 274.2

Source: CMA


5 Year CDS: 29.0

Probability of default: 2.6%

Previous close: 27.3

Source: CMA


5 Year CDS: 66.2

Probability of default: 2.6%

Previous close: 63.1

Source: CMA

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