New Developments 2006

UK Court of Appeals Decision in Essar Steel Limited v. The Argo Fund Limited. 

EMTA Special Seminar on "'Partial' Sovereign Restructurings and Their Implications”:

• Introductory Remarks by Michael M. Chamberlin, EMTA Executive Director  

• Featured Speaker, Lisa Schineller from Standard & Poor’s, on Bringing a Sovereign Debtor Out of Default  

• Summary of Panel Discussions by Michael M. Chamberlin, EMTA Executive Director  

EM Ltd. v. Argentina. 

Panama to Redeem all Par, Discount, Interest Reduction and PDI Bonds - Fiscal Agent Notice. 

Mexico VRR, Series D, Record Date of June 15 and Payment Date of June 30 Expected. Trades are ‘Ex-Dividend’ on June 13. Calculations for Payments on the VRR's will be Announced by the Fiscal Agent Shortly.

Uruguay to Redeem Series A Fixed Rate Notes - Fiscal Agent Notice. 

EMTA Announces 1Q 2006 Debt Trading Volume Stood at US$1.631 Trillion. 

Moody's Raises Foreign-Currency Country Ceilings Reflecting Revised Methodology. 

EMTA Issues FX and Currency Derivative Market Practice No. 39 Clarifying Adjustments to the Settlement Date for Non-Deliverable FX Transactions.

Holiday Schedule for EM Bond Trades for US Memorial Day and UK Spring Bank Holidays.  

Moody's Upgrades Bosnia and Herzegovina's Foreign Currency Rating to B2. 

EMTA to Host a Special Seminar on "'Partial' Sovereign Restructurings and Their Implications” in New York City on June 7, 2006. Click Here to Register.