New Developments 2008

November 10, 2008

Fitch Downgrades Hungary's Long-Term Foreign Currency Issuer Default Rating from BBB+ to BBB. 

Fitch Downgrades Kazakhstan's Long-Term Foreign Currency Issuer Default Rating from BBB to BBB-.

Fitch Downgrades Bulgaria's Long-Term Foreign Currency Issuer Default Rating from BBB to BBB-.

Fitch Downgrades Romania's Long-Term Foreign Currency Issuer Default Rating from BBB to BB+.  

EMTA Annual Meeting in New York City to be Held on December 4, 2008. Invitations to be distributed shortly.

November 7, 2008

HM Treasury Issues General License (L5) under Landesbanki Freezing Order 2008.

Moody's Downgrades Hungary's Foreign-Currency Government Bond Rating from A2 to A3.

Moody's Downgrades Latvia's Foreign-Currency Government Bond Rating from A2 to A3. 

November 5, 2008

IMF Approves US$16.4 Billion Stand-By Arrangement for Ukraine.

Aurelius Capital Partners v. Argentina.

October 31, 2008

Fiscal Agent Notice Regarding November 17, 2008 Payment on Nigeria Payment Adjustment Rights. 

Standard & Poor's Downgrades Argentina's Foreign-Currency Sovereign Rating from B to B-.

Ukraine: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding. 

October 30, 2008

Aurelius Capital Partners v. Argentina.

Standard & Poor's Downgrades Bulgaria's Long-Term Sovereign Credit Rating from BBB+ to BBB.

October 28, 2008

MarketAxess Annual Charity Trading Day To Be Held on Thursday October 30, 2008. 

Transcript of a Press Conference by IMF Managing Director Dominique Strauss-Kahn on the Launch of a New Facility for Emerging Markets Hit By Crisis.

IMF to Launch New Facility for Emerging Markets Hit by Crisis. 

US Federal Reserve Press Release on Swap Lines with Brazil, Mexico, South Korea and Singapore. 

Holiday Schedule for EM Bond Trades for US Veterans' Day Holiday.

IMF Announces Staff-Level Agreement with Hungary on €12.5 Billion Loan (US$15.7 billion); European Union, World Bank to Lend, Too. 

IMF, EU, and World Bank Line Up $25 Billion for Hungary.

Moody's Downgrades Pakistan's Government Bond Rating from B2 to B3.

October 27, 2008

2008 ISDA Icelandic Banks CDS Protocols. 

Standard & Poor's Downgrades Romania's Long-Term Foreign Currency Rating from BBB- to BB+.

October 26, 2008

IMF Announces Staff Level Agreement with Ukraine on US$16.5 Billion Loan.

IMF Set to Lend Ukraine $16.5 Billion, In Talks With Hungary.

October 24, 2008

IMF Announces Staff Level Agreement on US$2.1 Billion Loan to Iceland.