Auction for Argentine CDS set for Aug. 21

08/13/2014 | International Financing Review (free content)

According to a committee of buy- and sell-side firms coordinated by ISDA, an auction for Argentina's outstanding credit default swaps has been scheduled for Aug. 21. The auction will set the payout for holders of protection on Argentine bonds because of the government's failure-to-pay credit event July 30.

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International Financing Review (free content)

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