Debt Drama: Argentina Default Triggers $1B of Swaps

Debt Drama: Argentina Default Triggers $1B of Swaps Play

Aug. 1 (Bloomberg) -- Argentina’s failure to pay interest on its bonds is a credit event that will trigger settlement of $1 billion of credit-default swaps, according to the International Swaps & Derivatives Association. Sheelah Kolhatkar has more on "Bottom Line." (Source: Bloomberg)

  • On Air Now

    Market Makers Watch Now

  • Next

    Street Smart with Trish Regan

blog comments powered by Disqus