Kazakh bank poses quandary for Isda default committee

Market participants have put in a second request for the Isda credit derivatives determination committee to consider a failure-to-pay credit event for Kazakhstan's Alliance Bank

TAGS: Default

Comment by: Anonymous. Posted 10 years ago [2014-02-26 00:22:53]

Good question .... here's my entry: there's no Credit Event of Alliance Bank is this entity is not the legal issuer as implied by this description.