Fitch warns of rising sovereign defaults

Following a record number of sovereign defaults in 2020, Fitch Ratings believes more are possible going forward.

The sovereign issuer-based default rate rose to a record high in 2020 against a backdrop of weakened sovereign credit profiles due to the Covid-19 pandemic.

¬ Haymarket Media Limited. All rights reserved.

Nice choice! This is premium FinanceAsia content.

Subscribers can sign in for full unlimited access.

New user? Sign up for a one-time 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media