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Argentina CDS auction delayed until September

  • The International Swaps and Derivatives Association has delayed Argentina's CDS auction until September.
  • An issue arose yesterday regarding the addition of two Japanese-law restructured notes to be included at the auction, and needs to be resolved before the sale can take place.
  • The auction, run by Creditex and Markit, will establish the payout that holders of protection on Argentine bonds will receive as a result of the country's recent default.
  • ETFs: ARGT
  • Previously: Argentina CDS auction set for Aug. 21
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Comments (1)
  • june1234
    , contributor
    Comments (2699) | Send Message
     
    I'll give them a six pack(domestic nothing fancy).
    20 Aug, 03:03 AM Reply Like
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