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Other risks [11]

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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 many 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)

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