New Developments 2006

EMTA Market Practice Recommendation Regarding Nigeria Payment Adjustment Warrants.  

EMTA Issues FX and Currency Derivatives Market Practice No. 37 On Updating the Chinese Renminbi Rate Source Definition. 

Italian Bondholder Association (TFA) Announces ICSID Proceeding Against Argentina (in Italian). 

EMTA Spring Forum in New York to be Held in April. Date and details to be announced.

EMTA Winter Forum Sell Side Panel - Market Views on Key Variables for 2006.  

Standard & Poor's Upgrades Brazil's Long-Term Foreign Currency Rating to BB. 

Venezuela Announces Plans to Retire All Outstanding Par and Discount Bonds.  Click Here for Spanish Version. 

Southern District Court of NY Decisions in Suits Against Argentina by Greylock, Exposito and Colella and FFI Fund.  

German Court Decision Against Argentina: Press Release (German), Press Release (Unofficial Translation) and Judgment (Unofficial Translation). 

EMTA's First Quarter Bulletin is Now Available in our Bulletin Section.

Brazilian Treasury Statement on Brady Bonds. 

New Emerging Markets-Focused Rating Agency Announced: International Ratings Group. 

Revised Primers for Venezuela Oil Obligations and Nigeria Payment Adjustment Warrants. 

EMTA Announces 2005 Annual Emerging Markets Debt Trading Rises to US$5.485 Trillion.  

Mexico VRR, Series D, Record Date of March 16 and Payment Date of March 31 Expected. Trades are ‘Ex-Dividend’ on March 14. Calculations for Payments on the VRR's will be Announced by the Fiscal Agent Shortly.

Brazilian Government Issues Executive Order on Taxation.