December 23, 2011

Japanese customers see the cost of protecting debt higher than other countries according to research

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

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