Daimler default swaps down on Mitsubishi news


LONDON, April 23 (Reuters) - The cost of insuring against a default by automaker DaimlerChrysler fell on Friday after the company said it would pull out of Japan's Mitsubishi Motors , traders said. Around 0810 GMT, five-year default swaps on DaimlerChrysler were 10 basis points lower on the day at around 85 basis points, they said. That means it costs 85,000 euros annually to insure 10 million euros of debt against default. "I think there's a decent momentum behind the market, and I ...

Premium Content (PAID Subscription Required)

"Daimler default swaps down on Mitsubishi news" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×