id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
dem-18610	Górska, Rumiana	Decomposition of Sovereign CDS Spread using the Concept of Factorization	2018	16	.pdf	application/pdf	4944	250	61	For example, on 29.11.2013 sovereign CDS spreads for five-year bonds in basis points was: for Poland 82.48; Germany 23.56; Spain 153.5; Portugal 341.4. Sovereign CDS spread depends both on the so-called economic funda- mentals (i.e. macroeconomic variables such as level of indebtedness, debt structure, the cost of servicing the debt, debt to GDP relation, the rate of GDP growth etc.), as well as global factors (global financial market conditions, mar- ket liquidity, investor expectations etc.).	cache/dem-18610.pdf	txt/dem-18610.txt