UK Government Credit Default Swap Rate

EDM number 2557 in 2007-08, proposed by Andrew Pelling on 25/11/2008.
Categorised under the topic of Financial services.

That this House expresses concern on the jump in the five year credit default swap rate to a record high of 100 basis points or $10,000 for every $1,000,000of UK Government debt insured, on the day following the Pre-Budget Report statement.

This motion has been signed by a total of 2 MPs.