this has been another installment of Dealbreaker’s series of guesses about terrible sovereign CDS questions

  • it ate a bond payment


    Argentina Beset By Pirates, Snakes

    Let’s check in on Argentina. It’s a lovable mess! You can read some background here or here or here. In brief: Argentina had some Old Bonds, decided not to pay them (in 2005, more or less), got most of their holders to exchange into New Bonds at pennies on the dollar, started paying the New […]

    / Nov 21, 2012 at 2:39 PM

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