Sovereign risk: Difference between revisions
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2. The risk of losses arising from default on sovereign debt. | 2. | ||
The risk of losses arising from default on sovereign debt. | |||
Revision as of 12:29, 11 May 2016
1.
Importantly, it indicates the maximum creditworthiness of a counterparty – no organisation can be more creditworthy than its home country’s central bank.
Sovereign risk also includes concepts such as expropriation, war and civil unrest.
2.
The risk of losses arising from default on sovereign debt.
