New Developments 2014

ISDA Determinations Committee Triggers Failure to Pay Credit Event.

Argentina Finance Ministry Statement (in Spanish).

Fitch Downgrades Argentina’s Foreign Currency Issuer Default Rating from CC to RD (Restricted Default).

Sanctions Summary – Cadwalader, Wickersham & Taft Memorandum.

Market Practice Recommendation for Most Argentina Sovereign Bonds.
Non-Members - please contact Aviva Werner (awerner@emta.org) or Jonathan Murno (jmurno@emta.org) for EMTA's Market Practice document.

Moody’s Changes Argentina’s Outlook to Negative. 

Standard & Poor's Downgrades Argentina's Long-Term Foreign Currency Sovereign Credit Rating from CCC- to SD (Select Default). 

Sanctions Summary – Cadwalader, Wickersham & Taft Memorandum.

EMTA Fall Forum in New York to be Held on September 16, 2014. Click Here to Register. 

Sanction Update – Cadwalader, Wickersham & Taft Memorandum.

Moody’s Upgrades Vietnam’s Government Bond Rating from B2 to B1.

The Foreign Exchange Committee released the results of its twentieth Survey of North American Foreign Exchange Volume. The announcement to this survey can be found on the Foreign Exchange Committee's website at http://newyorkfed.org/fxc/. Results of this survey, together with the list of reporting dealers and explanatory notes, are available online at www.newyorkfed.org/fxc/volumesurvey.

Moody’s Upgrades Colombia’s Government Bond Rating from Baa3 to Baa2.