Highest sovereign defaults in 2022, two in 2023: Moody’s

Highest sovereign defaults in 2022, two in 2023: Moody’s

[ad_1] Chennai: Global credit rating agency Moody’s Investors Service on Friday said that 2022 saw a spike in the annual sovereign bond defaults with seven countries defaulting on repayments. In 2023, there were two sovereign defaults – Argentina and Mozambique. In a report, Moody’s said the year 2022 saw the highest number of defaults since … Read more