Isda announces date for Codere CDS auction
Isda's credit derivatives determinations committee announces date of auction for next week
Has this circumstance ever arisen? The Ref Entity "cures" its payment default just after the cure period. The CDS contracts are triggered. Both buyers and sellers of protection face an unintended scenario.
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Comment by: Anonymous. Posted 10 years ago [2013-10-07 09:20:35]