---
date: 2026-03-11 13:30:24
tags: Constructed: CDS–bond basis
category: Cds, Basis
---

# Chart: Figure 1 (Replication Window): CDS–Bond Basis
Median basis with 10th/90th percentiles for IG and HY, through SAMPLE_END_DATE.

## Chart
```{raw} html
<iframe src="../_static/P1/figure1_replication.html" height="500px" width="100%"></iframe>

<p style="text-align: center;">Sources: Constructed: CDS–bond basis</p>
```
[Full Screen Chart](../download_chart/P1/figure1_replication.html)





Replication of Bai & Collin-Dufresne (2019) Figure 1.


## Chart Specs

| Chart Name             | Figure 1 (Replication Window): CDS–Bond Basis                                             |
|------------------------|------------------------------------------------------------|
| Chart ID               | figure1_replication                                               |
| Topic Tags             | Cds, Basis                                |
| Data Series Start Date |                                  |
| Data Frequency         | daily                                         |
| Observation Period     | 2006-07-01 to 2014-12-30                                     |
| Lag in Data Release    | unknown                                    |
| Data Release Timing    | historical                                    |
| Seasonal Adjustment    |                                     |
| Units                  | basis points                                                  |
| HTML Chart             | [HTML](../download_chart/P1/figure1_replication.html)    |


## Dataframe Manifest

| Dataframe Name                 |                                                    |
|--------------------------------|--------------------------------------------------------------------------------------|
| Dataframe ID                   | [basis](../dataframes/P1/basis.md)                                       |
| Data Sources                   | Constructed: CDS–bond basis                                        |
| Data Providers                 | Internal                                      |
| Links to Providers             |                              |
| Topic Tags                     |                                           |
| Type of Data Access            |                                   |
| How is data pulled?            | Built by src/calc_basis.py                                                    |
| Data available up to (min)     |                                                              |
| Data available up to (max)     |                                                              |
| Dataframe Path                 | /Users/kebo/Downloads/MS FinMath/Courses/Full Stack/p13_Bai_Collin-Dufresne_2019/_data/basis.parquet                                                   |


**Linked Charts:**


- [P1:figure1_replication](../../charts/P1.figure1_replication.md)

- [P1:figure1_extension](../../charts/P1.figure1_extension.md)



## Pipeline Manifest

| Pipeline Name                   | p13_Bai_Collin-Dufresne_2019                       |
|---------------------------------|--------------------------------------------------------|
| Pipeline ID                     | [P1](../index.md)              |
| Lead Pipeline Developer         | Nicholas Kebo & Lucie Martin             |
| Contributors                    | Nicholas Kebo & Lucie Martin           |
| Git Repo URL                    |                         |
| Pipeline Web Page               | <a href="file:///Users/kebo/Downloads/MS FinMath/Courses/Full Stack/p13_Bai_Collin-Dufresne_2019/docs/index.html">Pipeline Web Page      |
| Date of Last Code Update        | 2026-03-11 13:30:24           |
| OS Compatibility                |  |
| Linked Dataframes               |  [P1:bond_prices](../dataframes/P1/bond_prices.md)<br>  [P1:cds](../dataframes/P1/cds.md)<br>  [P1:ratings](../dataframes/P1/ratings.md)<br>  [P1:matched_bond_cds](../dataframes/P1/matched_bond_cds.md)<br>  [P1:pecds](../dataframes/P1/pecds.md)<br>  [P1:basis](../dataframes/P1/basis.md)<br>  |