Auctions for settling cds on the debt of Icelandic banks Glitnir, Kaupthing and Landsbanki will take place on November 4, the International Swaps and Derivatives Association have announced.

All three banks went into receivership this week as a result of the credit crunch.

Related Articles

Bank of England 3 month interbank auctions scheduled

Argentina Central Bank will start repo auctions on Friday

Russia Central Bank to launch Repo Auctions

Bank Muscat launches $650m CD auction

Mexican Government Auctions Off $351 million

Posted: 10|14|08 at 4:03 pm. Filed under: Auction News.