Credit Benchmark have released the intra-month flash update for May, based on a partial subset of the contributed credit risk estimates from 40+ global financial institutions.
In the update, you will find:
Compared to the figures seen in the April End-of-Month Update, the May intra-month flash update shows:
Credit Benchmark will continue to provide regular reports on these migration rates. If you have any questions about the contents of this update, please get in touch.