Credit Analysis: Nasdaq 100 Holdings
A credit analysis on constituents of the Nasdaq 100.
- Fiserv CDS trades at a 25 bps premium to its sector & rating peers. On the other end, Oracle trades at a 37 bps discount to its sector & rating peers.
- Fiserv has a negative basis of 67 bps (on its 7-year bond) as calculated by Reuters CreditViews.
- Staples has seen a significant change in its negative basis to -53 bp over the last month (on its 4-year bond).
- Fiserv has a CDS market premium ratio of 47x as calculated by Kamakura.
Credit analysis provided by Marc Bosset