Markit Credit Research

18/04/2013

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

114.06 461.65 167.81 84.98 411.20 181.49 241.99 94.04 115.50

0.78% 1.75% 1.35% 1.03% 0.77% 1.39% 3.19% 1.66% 1.93%

0.88 7.96 2.23 0.87 3.13 2.48 7.47 1.54 2.19

6.09 27.39 7.48 3.42 11.84 6.89 17.15 4.29 0.80

-4.91 -15.97 -4.87 -6.08

-0.21 -11.62 -6.36 -2.50

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

191.10 100.98 104.83

0.29% 0.40% 1.64%

0.56 0.40 1.69

5.57 -0.53 2.71

-0.90 0.43 -0.63

82.80 114.41

1.50% 2.90%

1.22 3.23

0.99 8.56

-3.02 -6.34

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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

238.42 218.88 219.76 195.84 195.29 263.02 172.65 250.09 110.25 109.44 140.15

159.50 55.32 439.73 88.08 91.21 46.29

1.40% 0.92% 2.85% 1.71% 1.79% 2.29% 1.32% 0.01% 0.30% 0.18% 2.59%

0.04% 0.03% 0.01% 0.03% 0.03% 0.15% -0.05% -0.14% 0.23% 0.22% 0.11%

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.1 Markit CMBX.NA.A.2 Markit MBX.FN30.550.08 Markit IOS.FN30.450.09

60.09 110.54 33.12 108.55 12.34

0.65% -0.08% -0.88% 0.13% -0.75%

0.39 -0.08 -0.29 0.14 -0.09

0.57 -0.08 -0.73 -0.16 -0.83

0.69 0.03 -1.63 -0.5 -2.05

Sovereign Credit Improvement

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

BGARIA VENZ ISRAEL IRELND DENK

Rep Bulgaria Rep Venezuela St Israel Rep Irlnd Kdom Denmark

106 811 119 175 32

-1.0% -0.9% -0.5% -0.4% -0.4%

-1 -8 -1 -1 0

1 138 -1 -1 0

-7 97 -1 -8 0

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Sovereign Credit Deterioration

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

CHILE HUNGAA CHINA PANAMA CROATI

Rep of Chile Hungary Peoples Rep China Rep Panama Rep Croatia

67 327 72 90 321

7.2% 7.1% 5.3% 4.4% 4.2%

4 22 4 4 13

7 27 4 6 19

5 -21 5 -1 4

G7 Industrialised Countries CDS

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

FRTR ITALY DBR

French Rep Rep Italy Fed Rep Germany

78 270 34 68 33 45

3.4% 1.9% 0.5% 0.4% 0.0% -0.2%

3 5 0 0

5 5 0 -4 0

4 -17 -1 -2

JAPAN Japan USGB UKIN Utd Sts Amer Utd Kdom Gt Britn & Nthn Irlnd

Corporate Credit Improvement

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

LZ AMD

Lubrizol Corp Advanced Micro Devices Inc

35 839 72 18 28

-7.5% -4.0% -3.7% -3.4% -3.2%

-3 -35 -3 -1 -1

-2 35 -5 1 -1

1 34 -20 -4 -1

MOTSOL Motorola Solutions Inc DIS USTLLC Walt Disney Co UST LLC

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

ABHLTD INTSAT HSBC

Alliance Boots Hldgs Ltd Intelsat SA HSBC Hldgs plc

112 131 110 190 802

-3.6% -2.7% -2.6% -2.0% -1.7%

-4 -4 -3 -4 -14

-4 -14 5 -4 1

-11 -29 4 -10 48

LAGARD Lagardere Societes BANKSA BANKIA SA

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

HYNMTR PTTEXP-PTT SUZUKI TOPPAN

HYUNDAI Mtr Co Ptt Pub Co Ltd SUZUKI Mtr Corp Toppan Prtg Co Ltd

89 79 46 38 99

-3.6% -3.2% -2.8% -2.5% -2.4%

-3 -3 -1 -1 -2

-6 -1 -3 0 -5

1 -1 -4 -3 1

HYNMTR-HCS Hyundai Cap Services Inc

Corporate Credit Deterioration

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

HPQ Hewlett Packard Co PGN Progress Engy Inc GR Goodrich Corp

201 17 13 185 79

6.7% 6.0% 5.6% 5.4% 5.4%

13 1 1 9 4

28 2 0 42 6

5 -1 -1 24 3

FCX Freeport McMoran Copper & Gold Inc AZO Autozone Inc

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Markit Credit Research

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

TELEFO VLVY LAFCP NOKIA TKA

Telefonica S A AB Volvo Lafarge Nokia Oyj Telekom Austria AG

213 176 257 613 147

6.0% 5.4% 4.9% 4.8% 4.6%

12 9 12 28 7

13 15 20 31 9

-21 7 11 34 9

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

SUMIEL

Sumitomo Elec Inds Ltd

50 125 124 30 90

20.0% 4.1% 4.0% 3.8% 3.7%

8 5 5 1 3

8 4 7 0 2

8 7 23 -2 1

AGRBLT AGRIC BK OF CHINA LTD JFEHLD JFE Hldgs Inc

BSTONE Bridgestone Corp SDBCR CHINA Dev Bk Corp

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

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18/04/2013