Economic capital / Other risks [31]

Go to: Summary | Previous | Next   
Bullet points include: A special type of credit risk Means different things to different people Financial markets Risk of default on sovereign bonds Views can also be captured/priced via Sovereign CDS Which some countries don’t like In the past often differentiated between ‘creditworthy’ developed economies and ‘less creditworthy’ emerging economies Until Eurozone crisis (and/or 2007-09 credit crisis) States may renege on other promises

Contents | Prev | Next | ERM Lecture Series

Desktop view | Switch to Mobile