MercoPress. South Atlantic News Agency
Auction 21 August to settle (and possible payout) of Argentina's defaulted swaps
The International Swaps and Derivatives Association (ISDA) will hold an auction on August 21 to settle Argentina’s default swaps. The auction, run by Creditex and Markit, will determine the payout that holders of protection on Argentine debt (CDS) will receive as a result of the default on July 30. Read full article
Comments
Disclaimer & comment rulesyawn
Aug 15th, 2014 - 03:25 pm - Link - Report abuse 0more popcorn please
Aug 15th, 2014 - 05:15 pm - Link - Report abuse 0“amid uncertainty over the nature of Argentina's default.”
Aug 15th, 2014 - 05:19 pm - Link - Report abuse 0Not even capitalist have their ducks lined up.
technnical papers about which bond will be used for settlement http://www.bloombergview.com/articles/2014-08-14/argentina-defaulted-on-bonds-no-one-can-even-find
Aug 15th, 2014 - 05:21 pm - Link - Report abuse 0hang on, just like Argentina running out of cash, ive run out of popcorn
Aug 19th, 2014 - 09:21 am - Link - Report abuse 0http://www.geek-pride.co.uk/wp-content/uploads/2014/08/1972449_915380611810797_992453088902171094_n.jpg
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!