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View Full Version : Quarter of Emerging-Market Debt May Default, ING Says - Bloomberg



NewsWhore
06-19-2009, 11:20 AM
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Quarter of Emerging-Market Debt May Default, ING Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DazNyX3sTzGuM&cid=0&ei=paE7Sq61ENnbmQe5w4ydCA&usg=AFQjCNGJRuCCGZySBshNuKyeg8F01eJq8g)
Bloomberg
ING based its forecast for defaults on an 8.8 percent average monthly rate for missed coupon payments by companies in developing countries with foreign-currency bonds rated three levels or more below investment grade. A slowing in the rate of failed ...


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