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Russia debt repudiation / moratorium question lands with Determinations Committee
3 years ago
The Russian Federation looks to be edging closer towards triggering a credit event, having been referred to the Credit Derivatives Determinations Committee for a 'potential repudiation / moratorium' on its bonds -
Aoyuan CDS needs physical settlement as credit event fails auction liquidity rule
3 years ago
Holders of CDS referencing China Aoyuan will have to physically settle contracts, the Determinations Committee has confirmed, given a lack of depth to markets for the entity -
Credit event auctions mount as European resistance breaks
5 years ago
Two constituent defaults in iTraxx Crossover — the first to hit the European on-the-run index in almost two years — have made 2020 the second busiest year ever for credit event auctions
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