Markit Credit Research

11/04/2013

News & Commentary

Credit
Biggest Credit Movers Markit iTraxx and CDX
Index Spread Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

Markit iTraxx Europe Series 19 Markit iTraxx Europe Crossover Series 19 Markit iTraxx Europe HiVol Series 19 Markit CDX.NA.IG.20 Markit CDX.NA.HY.20 Markit CDX.NA.IG.HVOL.20 Markit CDX.EM.19 Markit iTraxx Japan Series Number 19 Markit iTraxx Asia ex-Japan IG Series Number 19

107.97 434.26 160.33 81.56 399.36 174.60 224.84 89.75 114.70

-1.86% -3.45% -2.05% -0.54% -1.16% -1.66% -1.70% -3.71% -2.70%

-2.05 -15.54 -3.35 -0.44 -4.69 -2.95 -3.88 -3.46 -3.18

-12.35 -45.12 -17.42 -6.46 -26.59 -10.93 -34.07 -15.75 -5.30

Markit iTraxx SovX

Index Spread Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

Markit iTraxx SovX CEEMEA Series 9 Markit iTraxx SovX Western Europe Series 8 Markit iTraxx SovX Global Liquid Investment Grade Series 9 Markit iTraxx SovX G7 Series 9 Markit iTraxx SovX BRIC Series 9 Markit iTraxx SovX Asia Pacific Series 9

185.53 101.51 102.12

-0.67% -0.43% -1.73%

-1.26 -0.44 -1.80

-21.22 -2.21 -8.09 2.92

81.81 105.85

-0.92% -3.19%

-0.76 -3.49

-6.46 -14.64

Markit Credit Research

Markit iBoxx
Index Current Index Value Asset Swap Margin Return YTD Daily Return

Markit iBoxx USD Liquid Investment Grade Index Markit iBoxx USD Overall Markit iBoxx USD Liquid High Yield Index Markit iBoxx EUR Overall Markit iBoxx EUR Sovereigns Markit iBoxx GBP Overall Markit iBoxx Asia Markit iBoxx Global Inflation-Linked Index All USD Markit iBoxx Europe ABS Index EUR Markit iBoxx RMBS Index EUR Markit iBoxx GEMX USD

237.04 217.93 219.93 195.10 194.54 260.73 171.70 252.22 110.16 109.36 140.51

153.37 52.29 427.95 86.06 88.49 50.76

0.81% 0.48% 2.93% 1.33% 1.40% 1.40% 0.75% 0.86% 0.21% 0.11% 2.86%

0.03% 0.06% 0.22% -0.01% -0.06% -0.04% -0.03% 0.13% 0.06% 0.06% 0.04%

Markit Structured Finance Indices

Name Price Daily Chg (%) Daily Chg (Price) Weekly Chg (Price) Monthly Chg (Price)

Markit ABX.HE.PENAAA.07-2 Markit PRIMEX.FRM.2 Markit CMBX.NA.AJ.5 Markit MBX.FN30.300.12 Markit IOS.GII30.500.10

59.53 103.56 73.00 103.72 18.47

-32.00% 1.00% 72.00% 21.00% -375.00%

-0.19 0.01 0.52 0.22 -0.72

-0.08 0.06 1.43 -0.27 -0.73

0.08 0.12 0.56 1.36 -2.09

Sovereign Credit Improvement

Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

KOREA PERU CHILE PHILIP SAUDI

Rep Korea Rep Peru Rep of Chile Rep Philippines Kdom Saudi Arabia

80 84 60 99 63

-4.9% -4.7% -4.4% -4.4% -4.2%

-4 -4 -3 -5 -3

-3 -14 -5 -10 -3

13 -3 -2 2 -3

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Markit Credit Research

Sovereign Credit Deterioration

Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

NZ LITHUN USGB LATVIA SLOVEN

New Zld Rep Lithuania Utd Sts Amer Rep Latvia Rep Slovenia

41 112 33 115 368

3.1% 2.2% 1.4% 0.8% 0.7%

1 2 0 1 2

-1 -2 -2 -5 23

0 4

1 137

G7 Industrialised Countries CDS

Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

USGB DBR FRTR UKIN ITALY

Utd Sts Amer Fed Rep Germany French Rep Utd Kdom Gt Britn & Nthn Irlnd Rep Italy

33 34 74 44 265 72

1.4% 0.4% 0.3% -0.4% -0.5% -1.2%

0 0 0 0 -1 -1

-2 -3 -8 -2 -24 -3 -1 4 0 -10 9

JAPAN Japan

Corporate Credit Improvement

North America
Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

RAD CMS TSO EFHC

Rite Aid Corp CMS Engy Corp Tesoro Corp Energy Future Hldgs Corp

476 75 175 1038 308

-15.6% -10.8% -8.3% -7.4% -7.0%

-88 -9 -16 -83 -23

-104 -12 -28 10 -51

-69 -34 -14 20 -23

JNGRP Jones Group Inc

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Markit Credit Research

Europe
Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

RHA

Rhodia

60 86 88 413 298

-6.8% -6.3% -6.0% -5.9% -5.5%

-4 -6 -6 -26 -17

-4 -12 -12 -46 -57

-4 -14 -29 -54 -33

LMETEL TelefonAB L M Ericsson ISSNAS GENP TIIMN ISS AS Rallye Telecom Italia SpA

Asia
Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

EIBC KOREAT

Expt Import Bk of China KT Corp

79 88 54 87 90

-7.1% -6.6% -6.5% -5.7% -5.7%

-6 -6 -4 -5 -5

-7 -5 -3 -11 -4

2 12 13 2 10

SAMSNG-Electron Samsung Electrs Co Ltd POHANG GSCO POSCO GS Caltex Oil Corp

Corporate Credit Deterioration

North America
Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

HPQ ABX LZ C CVRD-VALECA

Hewlett Packard Co Barrick Gold Corp Lubrizol Corp Citigroup Inc Vale Canada Ltd

173 162 37 103 59

5.7% 4.1% 3.9% 2.9% 2.8%

9 6 1 3 2

-12 7 1 -11 -1

2 18 3 11 2

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Markit Credit Research

Europe
Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

SBRY

J Sainsbury PLC

136 154 78 26 330

3.7% 2.1% 1.7% 1.3% 1.2%

5 3 1 0 4

4 12 0 0 -3

17 13 2 1 4

LUFTHA Deutsche Lufthansa AG LBW BOCGP Landbk Baden Wuertbg BOC GROUP Ltd

MANSTR MAN STRATEGIC HLDGS PLC

Asia
Ticker Name 5Y Today Daily Chg (%) Daily Chg (bps) Weekly Chg (bps) Monthly Chg (bps)

KTG

KT&G Co Ltd

81 143 136 39 567

4.3% 3.4% 2.7% 1.9% 1.8%

3 5 4 1 10

1 -14 -10 -1 -8

15 -8 1 2 -350

SOFTBK Softbank Corp MAZDA YASUFI Mazda Mtr Corp Sompo Japan Ins Inc

NIPSHG Nippon Sheet Glass Co Ltd

This also includes states, municipalities, supranational and other government, but non-sovereign, entities.

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11/04/2013