model-implied, not traded · recovery 40% · as of 2026-10-05 · published · volatile
Published volatile. The curve breached the smoothness band on a volatile tape and is published with that flag — inspect before use.
99.3 bp
+1 bp1d Δ 5Y
Par CDS curve (ISDA convention, bp)
tenor
spread
1Y
69.1
2Y
69.1
3Y
73.7
5Y
99.3
7Y
117.6
10Y
152.3
5Y spread — last 30 sessions
indexed to 100 at the 2026-09-30 methodology change — not comparable with the prior epoch · strip-era range 98.4–102.3 bp · latest 98.4 bp
5Y spread — trailing year
indexed to 100 at the 2026-09-30 methodology change — not comparable with the prior epoch · strip-era range 98.4–102.3 bp · latest 98.4 bp
History regime. legacy_flat discounting (flat SOFR at each date) through 2026-09-29; futures-strip curve from 2026-09-30 (3 of 251 days). These are different discount curves - do not compare levels across the break
Cite this: Basisline (2026). GOLDMAN SACHS GROUP INC bond-implied CDS, 5Y = 99.3 bp as of 2026-10-05. https://basisline.xyz/spreads/gs.html
Method. Daily public bond prints are cleaned (de-duplicated, volume-floored,
outlier-guarded), Z-spreads are solved against a SOFR discount curve, and a piecewise-flat hazard
curve is bootstrapped on the 1–10Y CDS tenor grid; par spreads are priced under ISDA conventions
with a 40% recovery assumption. These are model-implied spreads from bond markets, not traded CDS
quotes. Full method: /methodology.html.
Basisline Pro — $99/mo. The full issuer universe, recovery grid, complete
gate-flag detail and rolling history over /paid/v1/ — key issued instantly at
checkout. Get Pro →