Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bond Risk Increases in Asia, Credit-Default Swap Prices Show

The cost of insuring corporate and sovereign bonds from non-payment in Asia rose, according to traders of credit-default swaps.

The Markit iTraxx Asia index of 40 investment-grade borrowers outside Japan increased 1 basis point to 146 basis points as of 8:43 a.m. in Hong Kong, Royal Bank of Scotland Group Plc prices show. The gauge reached a five-month low of 145.8 basis points on Aug. 20, according to data provider CMA.

The Markit iTraxx Japan index advanced 1 basis point to 188.5 as of 9:15 a.m. in Tokyo, Deutsche Bank AG prices show. The index is on course for its highest close since Aug. 8, according to CMA, which is owned by McGraw-Hill Cos. and compiles prices quoted by dealers in the privately negotiated market.

The Markit iTraxx Australia index dropped 0.75 of a basis point to 149.25 basis points as of 10:15 a.m. in Sydney, according to Deutsche Bank.

Credit-default swap indexes are benchmarks for protecting bonds against default and traders use them to speculate on credit quality. A drop signals improving perceptions of creditworthiness, while an increase suggests the opposite.

The swap contracts pay the buyer face value in exchange for the underlying securities if a borrower fails to meet its debt agreements. A basis point is 0.01 percentage point.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.