Bloomberg’s estimated probability of default on South African sovereign debt has fallen from its 2021 highs. Nonetheless, Bloomberg’s model suggests that the probability of default within the next 5 years currently stands at over 10 percent.
Bloomberg’s estimated probability of default on South African sovereign debt has fallen from its 2021 highs. Nonetheless, Bloomberg’s model suggests that the probability of default within the next 5 years currently stands at over 10 percent.
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