Spain CDS +10.5bp to 490.5, CM… Posted on April 11, 2012April 11, 2012 by Site Administrator Spain CDS +10.5bp to 490.5, CMA says. Insurance against default on Spanish gov debt approaching record 493bp set in Nov $493k on $10mln debt To access this post, you must purchase The Credit Strategist Corporate Membership Subscription, The Credit Strategist Individual Membership Subscription, The Credit Strategist 1-Year Corporate Membership or The Credit Strategist 1-Year Individual Membership. Posted in The Credit Strategist.