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In Practice Webcast: Using a Bloomberg Terminal (if you have one) to get Default Spreads
Published 5 months, 2 weeks ago
Description
Default spreads are an ingredient you need to estimate the cost of borrowing for a company, and those spreads can change, and sometimes dramatically so, during crisis. While there are ways in which you can update these spreads using free online sources (like the FRED, the Federal Reserve Data site), having access to a Bloomberg terminal will allow you to get them much more quickly. In this short session, I look at how to get default spreads for countries (from the sovereign CDS market) and for corporates (based upon ratings class). I also look at two other functions on Bloomberg that you can use to get data on debt maturity and ratings for individual companies.
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