
Default risk rises for emerging and frontier markets
Euromoney Country Risk data show emerging and frontier bonds had across-the-board increases in risk in 2014.
30 Jan 2015
Euromoney Country Risk data show emerging and frontier bonds had across-the-board increases in risk in 2014.
With falling oil prices sending the currencies of hydrocarbons producers tumbling, amid political instability, conflict risk and weak, unbalanced economies persisting, almost half the world’s sovereigns endured higher risk in 2014.