PDA

View Full Version : Greece's Credit-Default Swaps May Pay Out If the Agreed Losses Exceed 21% - Bloomberg



NewsWhore
10-12-2011, 06:50 AM
<img alt="" height="1" width="1" />
Greece&#39;s Credit-Default Swaps May Pay Out If the Agreed Losses Exceed 21% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHopyaTN0QUtTRRyqETakP-oczUBQ&url=http://www.bloomberg.com/news/2011-10-12/greece-s-credit-default-swaps-may-pay-out-if-the-agreed-losses-exceed-21-.html)
Bloomberg
A restructuring credit event can be caused by a reduction in principal or interest, postponement or deferral of payments or a change in the ranking or currency of obligations, according to the International Swaps & Derivatives Association. ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dTdrCOE5yogBjEM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHopyaTN0QUtTRRyqETakP-oczUBQ&url=http://www.bloomberg.com/news/2011-10-12/greece-s-credit-default-swaps-may-pay-out-if-the-agreed-losses-exceed-21-.html)