Icelandic Reuters/Bloomberg correspondent, Omar Valdimarsson, had a story published today which highlighted some of the differences between Iceland and Greece.
Here are some of the interesting stats from the story:
+ Credit default swaps on five-year debt issued by Iceland narrowed to 376.4 basis points on April 30, compared with 817.5 a year earlier, according to Bloomberg data.
+ That compares with an April 30 CDS of 718.5 basis points for Greek debt versus 156.2 on the same contract one year ago.
+ Iceland’s gross debt will be equivalent to about 160 percent …

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