Traders Grapple With CDS Restructuring Fixes
Dealers and the International Swaps and Derivatives Association are working on ways to settle credit-default swaps triggered by a restructuring credit event and are considering grouping together contracts with similar maturities and running a separate auction for each of these groups of contracts.
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
