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View Full Version : Greek Accord on Bonds Won't Trigger Credit-Default Swaps, ISDA Rules Say - Bloomberg



NewsWhore
10-27-2011, 10:50 AM
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Greek Accord on Bonds Won&#39;t Trigger Credit-Default Swaps, ISDA Rules Say (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEpQVTTdi8hL-ZEomS7pNwfJG7esw&url=http://www.bloomberg.com/news/2011-10-27/greek-accord-on-bonds-won-t-trigger-credit-default-swaps-isda-rules-say.html)
Bloomberg
The 17- nation common currency gained to a 1 1/2-month high of $1.4018 from $1.3906 the day before, adding to its 4.7 percent advance this year. The cost of insuring Greek debt fell. Credit-default swaps backing $10 million of the nation&#39;s bonds for ...

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