ISDA to reconvene on Argentina

ISDA to reconvene on Argentina

Argentina Bonds Corporate & Sovereign Strategy

ISDA’s determination committee is scheduled to meet again on Monday to keep discussing Argentina’s failure to pay credit event, as observers anticipate that the organization will soon set a date for a CDS auction. “We have learned to always expect the unexpected from anything related to Argentina; this CDS auction will not be an exception. Specifically, regarding the recovery value to be determined at the CDS auction,” Deutsche Bank said in a research note. A critical factor is likely to be the

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