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Settlement set after auction values Greek bonds at 21.5% of face value.
Auction results indicate CDS sellers to pay 78.25 cents on the euro.
Credit-default swaps to settle at auction on March 19.
ISDA says Greece's forcing investors to participate should trigger insurance payouts.
Collective action clauses could mean another vote on whether swaps were triggered.
Ruling means credit-default swaps on nations debt wont pay out.
10-year Greek bond yield hits 25% amid European debt crisis.