The International Swaps and Derivatives Association, Inc. (ISDA) today announced that the Auction in respect of outstanding CDS transactions relating to the Argentine Republic has been successfully completed.
Please click here to view the Auction results. The auction was administered by Markit and Creditex.
The ISDA Americas Credit Derivatives Determinations Committee resolved unanimously on August 1 that a failure to pay credit event occurred in respect of the Argentine Republic.
