Inside Market Midpoint: 22.25
Net Open Interest: $809 million to sell
Related:
Kazakh SWF won’t issue debt for BTA default
JSC BTA Bank: Change of Control Event of Default (Blog Notes)
And some inspiring material for a financial thriller:
Kazakh Banker Goes on Lam as Defaults Hurt Investors
Kazakh Agency Accuses Ex-Kazatomprom, BTA Heads of Embezzlement
ADD:
Final Price: 10.25
BTA Default Auction to Mean $560 Million Loss for Swap Sellers