On November 24, 2010 the Credit Derivatives Determinations Committee for EMEA resolved that a Restructuring Credit Event occurred in respect of Anglo Irish Bank Corporation Limited and that one or more auctions may be held. This page contains details of the DC Resolutions, auction documentation and other items relating to the auction for Anglo Irish Bank Corporation Limited.
Further documentation relating to the auction will be added as it becomes available
Event Publicly Available Information:
| Auction Timeline: | CDS Credit Event Timeline |
| List of Participating Bidders: | List of Participating Bidders |
| Deliverable Obligations: | Final List
The Exercise Cut-off Date for a Seller wishing to deliver a Credit Event Notice expired on Friday 3rd December 2010. The Exercise Cut-off Date for a Buyer wishing to deliver a Credit Event Notice expired on Wednesday 8th December 2010. The Auction Date was the day after the end of the exercise period (9th December 2010). |
| Anglo Irish Bank Corporation Limited: | Anglo Irish Bank Corporation Limited subordinated Auction Settlement Terms |
| Auction Settlement Terms: | Anglo Irish Bank Corporation Limited senior Auction Settlement Terms |
| Deriv/SERV Anglo Irish triggered transactions data: | Anglo Irish triggered transactions data |
| Market call: | ISDA hosted a call on Thursday 2 December at 8:30 a.m. NY time / 1:30 p.m. London time, to discuss the Auction mechanism for Restructuring and the new DTCC triggering mechanism, each in light of the Anglo Irish Auction. |
| Related Press Release:ISDA Determinations Committee: Anglo Irish a Restructuring Credit Event | |