Denmark and Latvia adopt 2-way credit-support annex

02/1/2013 | Risk.net (subscription required)

Debt-management offices in Latvia and Denmark plan to post collateral to derivatives dealers. The change "allows us to benefit from better swaps prices and to trade in greater volume given the reduced credit risk," Latvian Treasury official Girts Helmanis said. Latvia and Denmark join Hungary, Ireland, Portugal and Sweden in operating under a two-way credit-support annex.

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