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 in Asia Decreases for First Time in Almost a Week

The cost of insuring corporate and sovereign bonds in the Asia-Pacific region against non-payment fell, according to traders of credit-default swaps.

The Markit iTraxx Asia index of 40 investment-grade borrowers outside Japan dropped 3 basis points to 151 basis points as of 8:35 a.m. in Hong Kong, Australia & New Zealand Banking Group Ltd. prices show. The benchmark last declined on Sept. 19, according to data provider CMA.

The Markit iTraxx Australia index slid 1 basis point to 118 as of 10:22 a.m. in Sydney, according to National Australia Bank Ltd. prices. The gauge is set to snap three consecutive days of increases, according to data from CMA, which is owned by McGraw-Hill Cos. and compiles prices quoted by dealers in the private market.

The Markit iTraxx Japan index dropped 1 basis point to 90.75 basis points as of 9:37 a.m. in Tokyo, according to Citigroup Inc. prices. The measure is also poised for its first decline since Sept. 19, CMA data show.

Credit-default swap indexes are benchmarks for insuring 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.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.