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New Developments 2009

March 13, 2009

EMTA and ISDA Publish New Joint Market Practice No. 2 on Non-Deliverable Swap Transactions. Conforming changes also have been made to EMTA ISDA Joint Market Practice No. 1. EMTA Members only may CLICK HERE to view the newly issued and amended joint Market Practices.

March 10, 2009

April 30 - Spring Forum (NYC). Sponsored by HSBC.
May 11 - EMTA Forum in São Paulo. Sponsored by Banco Itaú.
May 13 - EMTA Forum in Buenos Aires. Sponsored by Banco Itaú.
Invitations will be distributed approx. 3 wks before the event.

Venezuela Oil Obligations Record Date of March 31 and Payment Date of April 15 Expected. Trades are "Ex-Dividend" on March 27. Calculations for Payments on the Oil Obligations will be Announced by the Fiscal Agent Shortly.

March 9, 2009

EMTA Special Presentation “Recent and Potential Litigation in EM Area” in NYC (with London video-link hosted by Herbert Smith) on March 9, 2009.

March 2, 2009

"Asia Aluminum Bond Tender at Risk of Rejection".  Posted with Permission of FinanceAsia. 

EMTA Special Presentation “Recent and Potential Litigation in EM Area” in NYC (with London video-link hosted by Herbert Smith) on March 9, 2009. Click Here to Register