5-Year CDS

Swap Tenor

2-Year

3-Year

4-Year

5-Year

100 bp

5000 (0.1)

24,000 (0.4)

74,000 (0.9)

170,000 (1.8)

200 bp

9000 (0.2)

48,000 (0.8)

145,000 (1.8)

315,000 (3.2)

300 bp

13,000 (0.3)

72,000 (1.2)

214,000 (2.7)

463,000 (4.7)

500 bp

21,000 (0.5)

116,000 (1.9)

344,000 (4.4)

734,000 (7.5)