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Astaldi credit event question posed as its distress weighs on iTraxx Crossover
5 years ago
Astaldi, a constituent of iTraxx Crossover, has been referred to ISDA-hosted Credit Determinations Committees as a possible bankruptcy credit event – less than two weeks after the index rolled into a new series -
Turkey CDS rallies back inside 500bp on Qatar help, but curve remains inverted
5 years ago
Turkey’s sovereign five year credit default swap is back below 500bp today, following the financially embattled country’s recent spread blow-out
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