Russia CDS won't be orphaned in credit event but could pay big, say investors

By Dan Alderson

Wednesday, March 09, 2022

Contrary to a flurry of recent media reports, Russian Federation CDS contracts are highly likely to have deliverable bonds in the event the country triggers a credit event - and this could come soon with high pay outs for protection holders

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TAGS: CDS Emerging markets Europe Distressed debt Default North America Synthetic/SRT

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