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Date set for Aiful CDS auction

Wednesday, March 10, 2010

The date for an auction to settle Aiful credit default swaps has been set as Thursday 25 March, according to Creditex’s website. Initial bidding will take place from 9.45am JST, with initial results at 10.30. Final results will be published after 2pm JST.

The Isda committee ruled in December that consumer lender Aiful had triggered a restructuring credit event.

The date for an auction to settle Aiful credit default swaps has been set
GFI Credit Match - The Evolution of Trading: Liquidity, Flexibility, Reliability