ISDA Publishes Confirmation For Municipal CDS

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ISDA Publishes Confirmation For Municipal CDS

ISDA published last week a confirmation and provision for credit-default swaps referenced to U.S municipal entities.

ISDA published last week a confirmation and provision for credit-default swaps referenced to U.S municipal entities. The trade association will consider similar documentation for other regional entities if there is demand, said Katherine Darras, assistant general counsel.

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