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The Zhitong Finance App learned that as market concerns about France's financial situation and political situation spread to the credit market, the credit risk index for major French bank bonds rose markedly. According to the data, the credit default swap (CDS) spreads of Société Générale, BNP Paribas, and Crédit Agricole have all been significantly higher than those of major banks in the UK, Germany, Switzerland, and Spain. Among them, the default insurance costs for some Société Générale bonds have already exceeded similar debts of Deutsche Bank.
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The Zhitong Finance App learned that as market concerns about France's financial situation and political situation spread to the credit market, the credit risk index for major French bank bonds rose markedly. According to the data, the credit default swap (CDS) spreads of Société Générale, BNP Paribas, and Crédit Agricole have all been significantly higher than those of major banks in the UK, Germany, Switzerland, and Spain. Among them, the default insurance costs for some Société Générale bonds have already exceeded similar debts of Deutsche Bank.
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