PPP KINGDOM

PPP KINGDOM

GOVERNMENT DEBT – WHO’S MOST AT RISK (INTERACTIVE)

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The figures show the cost of insuring against a country defaulting on its five-year bonds, using a credit default swap (CDS). A CDS of 100 basis points (1%) means it cost €100,000 per year to insure €10m of a country’s debt. In Greece’s case, it costs €6m each year to insure €10m against default.

CLICK ON THE BELOW LINK.

http://www.guardian.co.uk/business/interactive/2011/sep/20/imf-economies-debt-crisis-interactive

Best Regards,

FINANCIAL WARRIOR

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