Latest Government Debt Default News

Asian debt More Chinese bond defaults expected
HONG KONG — Investors should brace for more Chinese companies to default on their bond debts in 2016 as the government shows a greater tolerance for corporate failure. After a small wave of Chinese defaults this year, there are no signs that the tide …
Read more on Nikkei Asian Review

The Biggest Mexico Bond Default in 20 Years Looms
As far as bond traders are concerned, Empresas ICA SAB’s missed interest payment this week is just a prelude to what’s likely to be the biggest default in Mexico in at least two decades. … He ruled out a government rescue, adding it’s not legally …
Read more on Bloomberg

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