Tag: Credit Default Swap (CDS)

• Thursday, August 15th 2019 - 05:20 UTC

  Bolsonaro insists Argentina is heading for “Venezuelan chaos” with the “leftist bandits”

  

  Brazilian President Jair Bolsonaro said on Wednesday that Argentina was heading for chaos as “leftist bandits” who performed well in the primary election will follow the path of Venezuela, which is mired in a deep economic crisis. Argentina's Merval stock index was down 34.47% since the start of the week.

• Saturday, August 2nd 2014 - 09:08 UTC

  IDSA decides that Argentina “failed to pay” and thus declares it has defaulted

  

  The International Swaps and Derivatives Association (ISDA) on Friday declared Argentina in default, which could trigger payments worth up to one billion dollars on credit default swaps.

• Friday, August 1st 2014 - 08:42 UTC

  UBS calls on Swaps Association to ask if a “failure to pay” event had occurred

  

  The International Swaps and Derivatives Association (ISDA) said on Thursday it had received its first request to consider whether a credit event had occurred, according to the ISDA website.