Weekly Data Update November 19, 2009

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The CDR Government Risk Index™

Three Months
One Year 56
140
54
120 52

100 50
48
80
46
60 44

40 42
40
20
38
0 8/27/09 9/10/09 9/24/09 10/8/09 10/22/09 11/5/09
11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09

Since January 1, 2007

140

120 The CDR Government Risk Index

100
An index of the CDS of seven sovereign names
selected on the basis of volume of outstanding debt
80 and CDS liquidity, converted to US dollars.
60
Re-distribution permitted with this citation: “The CDR
40 Government Risk Index is the property of Credit
Derivatives Research LLC.”
20

0
4/07 7/07 10/07 1/08 4/08 7/08 10/08 1/09 4/09 7/09 10/09

Components
France Japan United States
Germany Spain
Italy United Kingdom

© Copyright 2005-2009 Credit Derivatives Research LLC. All Rights Reserved.

 One Year Component Data
USA France
120 120

100 100

80 80

60 60

40 40

20 20

0 0
11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09 11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09

Source: CMA Datavision Source: CMA Datavision

UK Germany
200 100
180 90
160 80
140 70
120 60
100 50
80 40
60 30
40 20
20 10
0 0
11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09 11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09

Source: CMA Datavision Source: CMA Datavision

Japan Italy
140 250

120
200
100

80 150

60
100
40
50
20

0 0
11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09 11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09

Source: CMA Datavision Source: CMA Datavision

Spain
180
160

140
120

100
80

60
40

20
0
11/08 12/08 1/09 2/09 3/09 4/09 5/09 6/09 7/09 8/09 9/09 10/09

Source: CMA Datavision

© Copyright 2005-2009 Credit Derivatives Research LLC. All Rights Reserved.