A final price of 40.125% was set on cash-settled loan credit default swaps (LCDS) trades referencing Hawaiian Telcom during an auction today.
The International Swaps and Derivatives Association will publish terms for a cash-settlement auction on loan credit default swaps (LCDSs) referencing Hawaiian Telecom over the coming weeks.
London-based data provider Markit has announced it will hold a credit-event auction on Ontario-based door manufacturer Masonite International, to settle loan credit default swap (LCDS) trades referencing the company.
CDS IndexCo, a consortium of banks, and London-based data provider Markit have launched tranches on the LCDX North America index of loan credit default swaps (LCDSs).
The International Swaps and Derivatives Association has published a protocol to roll old US loan credit default swap (LCDS) trades to the new industry standard, which was adopted in May.
The LCDX index of North American loan credit default swaps (LCDS) saw trades totalling over $11 billion notional during its debut on May 22, according to London-based data provider Markit.