Creditex and Markit credit fixings used for Delta and Northwest

Delta’s bonds were fixed at 18%, while those of Northwest were fixed at 28%. New York-based Creditex, the credit derivatives inter-dealer platform, and London-based Markit, which specialises in independent data management, said today’s fixings will facilitate the settlement of Dow Jones CDX credit derivatives index contracts that include the default swap contracts of the US airlines that have filed for bankruptcy protection.

“The settlement price established by the fixings for defaulted corp

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: