Bottom 10 Sovereign CDS ranked by spread at end-March 2012
Name 5Y Spread Change % Change Feb ranking
Cyprus 1183 4 0% N/A
Portugal 1075 -90 -8% 2 (0)
Ukraine 859 101 13% 4 (+1)
Argentina 809 32 4% 3 (-1)
Venezuela 712 -13 -2% 5 (0)
Ireland 572 -27 -5% 6 (0)
Hungary 546 50 10% 8 (+1)
Egypt 544 -52 -9% 7 (-1)
Lebanon 459 -17 -4% 9 (0)
Spain 428 55 15% 16 (+6)
Source markit
Greece is not on the list, because it has already defaulted.
