Swaps On Greek Credit-Default Swaps Are Now Active – ValueWalk Premium
Greece

Swaps On Greek Credit-Default Swaps Are Now Active

The International Swaps and Derivatives Association announced today that Greece’s debt restructuring will activate payouts on credit-default swaps. There had been speculation that the plan would not set off the swap payouts, a state of affairs that analysts said would reduce the effectiveness of the debt restructuring plan . . .

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