JSC BTA Bank Credit Event

On April 29, 2009 the Credit Derivatives Determinations Committee for EMEA resolved that a Failure to Pay Credit Event had occurred in respect of JSC BTA Bank.  On April 30, 2009, the EMEA Determinations Committee further resolved that an auction would be held. This page contains details of the DC Resolutions, auction documentation and other items relating to the auction for JSC BTA Bank.

Further documentation relating to the auction will be added as it becomes available

Auction Timeline:

ISDA Credit Event Timeline

Related DC Resolutions:

Determinations Committee Issue 2009042902
Determinations Committee Issue 2009042901
Deliverable Obligations: JSC BTA Bank Final List of Deliverable Obligations (updated 5 June with maturity of loans information)

Submission of Potential Deliverable Obligations and Challenges
Final Auction Terms:

JSC BTA Bank Final Auction Terms

Blackline of amended Final Auction Terms following DC Resolution on 3 June 2009 against JSC BTA Bank Auction Terms published on May 27

Determinations Committee Issue 2009060201
Blackline of Final Auction Settlement Terms against published Form of Auction Settlement Terms: Blackline of JSC BTA Bank Final Auction Settlement Terms against Form of Auction Settlement Terms
List of Participating Bidders: List of Participating Bidders
Press Release

ISDA to Publish Auction Terms for BTA Bank