Sovereign dollar bond spreads have widened significantly in several Frontiers over the past couple of months, driven largely by country-specific factors. There are reasons to be hopeful that outright sovereign defaults can be avoided in Ukraine and Ghana, at least for now. The bigger threat of near-term defaults lies in Sri Lanka and Tunisia.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.