Annual Cost of protecting US$10 million of debt against default for five years
USA $69,000
Britain $114,000
Germany $121,000
Japan $166,000
China $196,000
Source: Credit Suisse, Northern Trust
From article:
Risk free assets in short supply
By David Wessel
Business, Back Page
The Australian newspaper
Friday, December 23, 2011, page 22
December 23, 2011
Japanese customers see the cost of protecting debt higher than other countries according to research
Labels: Finance, Statistics