Russia looks to avoid default as deliverable list points to 27-cent recovery

By Dan Alderson

Tuesday, May 03, 2022

The Credit Derivatives Determinations Committee has published a preliminary list of bonds it deems deliverable into Russian Federation CDS contracts, even though reports suggest Russia may have avoided default with just one day left on the country's grace period for overdue international bond payments

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

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