Berkshire Credit Default Swaps

I dunno what they are being quoted at, but:

March 26 (Reuters) - Berkshire Hathaway Finance Corp on Thursday sold $750 million of 3-year notes in the 144a private placement market, said IFR, a Thomson Reuters service. The notes are unconditionally guaranteed by Berkshire Hathaway Inc (BRKa.N) (BRKb.N). The size of the deal was increased from an originally planned $400 million. Goldman Sachs and Morgan Stanley were the joint bookrunning managers for the sale.

BORROWER: BERKSHIRE HATHAWAY FINANCE CORP*
AMT $750 MLN COUPON 4.00 PCT MATURITY 4/15/2012
TYPE GTD NOTES ISS PRICE 99.767 FIRST PAY 10/15/2009
MOODY'S Aaa YIELD 4.082 PCT SETTLEMENT 4/2/2009
S&P TRIPLE-A SPREAD 282 BPS PAY FREQ SEMI-ANNUAL FITCH DOUBLE-A MORE THAN TREAS MAKE-WHOLE CALL 45 BPS

I don't see how the daily spikes in CDS quotes mean much when the debt markets snarf up $750 million @ 282 bp.  They can't get enough of them.