ISDA®
INTERNATIONAL SWAPS AND DERIVATIVES
ASSOCIATION, INC.
NEWS RELEASE
For Immediate Release Tuesday,
February 26, 2008
For More Information, Please Contact:
Louise Marshall, ISDA New York, 212-901-6014, lmarshall@isda.org
Carmen Neumann, ISDA London, +44 203 088 3554; cneumann@isda.org
ISDA
PUBLISHES FIRST LIST OF MONOLINE OBLIGATIONS
The purpose of the list is to provide information as to the range of obligations that market participants believe may be delivered in the occurrence of a credit event. However, publication of the list does not indicate that ISDA believes that such a credit event with respect to any particular entity or class of entities is imminent or likely.
ISDA will update the list regularly. Answers to frequently asked questions are available at www.isda.org.
About ISDA
ISDA, which represents participants in the privately negotiated derivatives industry, is among the world’s largest global financial trade associations as measured by number of member firms. ISDA was chartered in 1985, and today has approximately 820 member institutions from 55 countries on six continents. These members include most of the world’s major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities. Information about ISDA and its activities is available on the Association's web site: www.isda.org.
®ISDA is a registered trademark of the International Swaps & Derivatives Association, Inc.