The planned CDS credit event auction to settle the credit derivative trades for Cemex S.A.B. de C.V. is to be held today. Please find relevant times regarding the bidding periods and final results posting.
Initial Bidding Period 9:45 – 10:00 EST
Results of Initial Bidding Period 10:30 EST
Subsequent Bidding Period 12:45 – 13:00 EST
Final Results 14:00 EST
Further information on the auction can be found on the Creditfixings website at the following web address:
http://www.creditfixings.com/information/affiliations/fixings/auctions/2010/cemex/index.shtml