Isda calls in top silks to decide Novo Banco credit conundrum
Isda's credit derivatives determinations committee has convened an external review panel to decide the thorny issue of whether Novo Banco has defaulted
The DC determines whether there is a credit event not a default. The first sentence is incorrect.
everyone knows this is a clear GI event - dealers just voted their interest
I vote "yes!"
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Comment by: Anonymous. Posted 8 years ago [2016-02-02 14:33:47]