Bank of Canada: Beware Default

Posted on 08/25/2023

The Bank of Canada has compiled sovereign and private creditor default information from the last year, tabulated it in U.S. dollars, and compared it with 2021. According to the BOC, the number of defaults has gone down since 2021, but the cost is much greater. The BOC estimates: “the total value of sovereign debt in…

Get News, People, and Transactions, Delivered to Your Inbox