Ambac Bankruptcy Triggers CDS
The International Swaps and Derivatives Association has determined that the bankruptcy filing by Ambac Financial Group constitutes a credit event that triggers payment of credit default swaps.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
