CMA published Q2 2013 report on CDS markets. Here's the top 30 table of riskiest sovereigns (ranked by probability of default over 5 years):
Note Ireland's significant improvement from Q1 2013, moving from 20th most risky (5 year CPD of 15.7% and mid-point CDS at 188.64) to 27th most risky (5 year CPD down to 14.0% and CDS at 165.22).
Note Ireland's significant improvement from Q1 2013, moving from 20th most risky (5 year CPD of 15.7% and mid-point CDS at 188.64) to 27th most risky (5 year CPD down to 14.0% and CDS at 165.22).