Greek CDS Payout Revised Down

22 Mar 2012

The Depository Trust & Clearing Corp. has revised downward the payout on credit default swaps referencing Greek sovereign debt from USD2.5 billion to USD2.4 billion based on a lower notional amount of CDS than was originally reported.

The Depository Trust & Clearing Corp. has revised downward the payout on credit default swaps referencing Greek sovereign debt from USD2.5 billion to USD2.4 billion based on a lower notional amount of CDS than was originally reported.

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