Sentence examples for default swaps for from inspiring English sources

[C5.] UP FOR BID A boutique investment bank in Houston held an auction for dozens of unconventional credit default swaps for an unnamed investor.

The spread on credit default swaps for government debt has become a benchmark that raises the cost of borrowing for companies in troubled countries, Mr. Gros said.

Rates on credit default swaps for Morgan Stanley now stand at 420 basis points, while Bank of America's rate was 379, and Goldman Sachs was at 351.

Not only did G.M.'s stock rise, but the price of credit default swaps for GMAC — which essentially allow an investor to buy insurance against a possible default on the debt — decreased.

The cost of insuring against default rose for several landesbanks on Monday, even though the spreads on credit default swaps for most other European banks fell, according to data from Markit, a research firm.

For instance, prices on the default swaps for Treasuries rose almost 25 percent over four days in mid-May in reaction to some relatively benign and perfunctory comments by Treasury Secretary Timothy Geithner.

This averages the cost of buying a five-year credit default swap for 14 leading banks, from Bank of America to UBS.

In a credit default swap, for instance, a bond investor pays a fee to a counterparty, usually a bank, that agrees to pay the investor if the bond defaults.

On Friday the so-called spread on a credit default swap for Spanish debt was 162, meaning it cost 162,000 to insure debt of 10 million, or about $13.6 million.

The credit default swap for Irish government bonds, a gauge of the cost of insuring the country's debt against default within five years, hit a record high of 425 basis points, or 4.25 percentage points, an increase of about 38 basis points on the day, according to the C.D.S. monitor Markit.

Credit-default swaps, for example, were originally created to insure blue-chip bond investors against the risk of default.