ΠΑΠΑΔΗΜΟ σου εχω ΔΩΡΟ…ISDA/CDS/Credit Event

Από τον Πόρτα – Πόρτα

Οχι οτι δεν το γνωριζεις…. αλλα ΝΑ ΠΕΙΣ ΤΗΝ ΑΛΗΘΕΙΑ ΕΣΥ ΤΩΡΑ στο Λαο.. διοτι 5 μηνες κυνηγαω μονος μου το Μπεννυ !! ΟΛΟΜΟΝΑΧΟΣ !! με Ταρανδους και PSI..

NAI bilateral αγορι μου ? 

Φιλοι διαβαστε , ενημερωθειτε, διαδωστε…. Πανο.. απαναλαμβανω οτι ΣΗΜΕΡΑ ΠΑΡΑΙΤΗΣΑΝ το αφεντικο της ISDA.. διοτι λενε.. δεν πιστολησε τα CDS/Ελλαδα..

Εγω λεω οτι κατι ετοιμαζουν.. αρκει να ερθει ΕΝΑΣ ( 1 ) να κανει claim στην ISDA..

και να ψηφισουν 12/15 ΝΑΙ… 

ΠΠ ( Πορτα Παπδημου )

Α.

UPDATE OCTOBER 27:

Greek Sovereign Debt Q&A (Update)

The following are responses to the most frequently-asked questions that ISDA has received in connection with the application of credit derivatives to a potential restructuring or reprofiling of Greek sovereign debt. The following does not constitute legal advice, and is subject in all respects to any determination that the ISDA EMEA Credit Derivatives

Determinations Committee may make in relation to CDS referencing the Hellenic Republic

(Greece). ISDA makes no comment on the likelihood of the events described in this Q&A.

UPDATE OCTOBER 27:

The determination of whether the Eurozone deal with regard to Greece is a credit event

under CDS documentation will be made by ISDAΆs EMEA Determinations Committee

when the proposal is formally signed, and if a market participant requests a ruling from

the DC. Based on what we know it appears from preliminary news reports that the

bond restructuring is voluntary and not binding on all bondholders. As such, it does

not appear to be likely that the restructuring will trigger payments under existing CDS

contracts. In addition, it is important to note that the restructuring proposal is not yet

at the stage at which the ISDA Determinations Committee would be likely to accept a

request to determine whether a credit event has occurred.

Β.

UPDATE OCTOBER 31:

Greek Sovereign Debt Q&A

The following are responses to the most frequently-asked questions that ISDA has received in connection with the application of credit derivatives to a potential restructuring or reprofiling of Greek sovereign debt. The following does not constitute legal advice, and is subject in all respects to any determination that the ISDA EMEA Credit Derivatives

Determinations Committee may make in relation to CDS referencing the Hellenic Republic

(Greece).

UPDATE OCTOBER 31:

Does the October 26 Eurozone deal for Greece qualify as a credit event?

The determination of whether the Eurozone deal with regard to Greece is a credit event under CDS documentation will be made by ISDAΆs EMEA Determinations Committee when the proposal is formally signed, and if a market participant requests a ruling from the DC. Based on what we know from preliminary news reports, the Eurozone proposal is voluntary and not binding on all bondholders. As such, it does not appear to be likely that the deal will trigger payments under existing CDS contracts. In addition, it is important to note that available information for the Eurozone proposal is currently not sufficient for the ISDA Determinations Committee to accept a request to determine whether a credit event has occurred.

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