Dealers Win Last-Minute Support for New Settlement Process
CreditFlux - November 3, 2005
The story discusses the preparation for the auction on November 4 to determine a fixing price for Delphi Corp. bonds.
The story indicates that enough support had been garnered to conduct the auction. The auction for the fixings is to be different
than previous ones because it will not just produce a representative price for settlement, but it is a "full blown market
clearing exercise, with bonds traded around market order and limit order submissions."
