Calamos Supports Greece

Greek CDS

Independent Greeks Hold Press Conference Over Alleged Bribery Attempt

Independent Greeks (ANEL) President Panos Kammenos held a press conference to talk in depth about the alleged attempted bribery of ANEL MP Pavlos Chaikalis. Kammenos said that Chaikalis had informed him of the incident but the two men decided not to...

Greek CDS Auction Initial Market Midpoint Set at 21.75

The first phase of an auction to settle credit default contracts underwritten on Greek sovereign debt determined an Initial Market Midpoint of 21.75, Creditex, according to Dow Jones citing Markit. This value is the result of the initial bidding process...

ISDA Declares Credit Event in Greece; Default is Official

The International Swaps and Derivatives Association (ISDA) has decided unanimously today to declare that Greek's bond swap constitutes a "credit event" and that "the right of all holders of the affected Bonds to receive payments has been reduced," according...