One Year Ago In Derivatives Week
The International Swaps and Derivatives Association and the Loan Syndications and Trading Association had established a working group to clear up confusion over succession issues in loan-only credit default swaps. [At a conference hosted by Markit in New York last September, members of the working group unveiled a new long-duration LCDS contract that could cope with refinancings (DW Online, 9/5).]
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