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ALL » Topics » CDS

This excerpt taken from the ALL 10-Q filed May 7, 2009.
CDS are utilized for both buying and selling credit protection against a specified credit event.  As of March 31, 2009, the notional amount and fair value of our buying protection CDS were $1.93 billion and $113 million, respectively.  For further details on our selling protection CDS balances, see Note 5 of the condensed consolidated financial statements.

 

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