Isda rules "no" on Irish credit event

Irish euro

The International Swaps and Derivatives Association has ruled that the conditions of an International Monetary Fund loan to Ireland do not mean the country has in effect restructured its sovereign debt - triggering credit default swaps (CDS) covering Irish government bonds.

An anonymous request submitted on March 11 called on Isda's six-strong Determinations Committee to decide whether the Irish government's decision to give IMF debt priority in repayment had effectively subordinated other

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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 individual account here