Welcome to the latest edition of S&P Capital IQ’s Global Sovereign Debt Report. This report takes a retrospective look at the implied risk profile of Sovereign Credit Default Swap (CDS) trends during the previous quarter and is created using S&P Capital IQ's reliable, consensus-based pricing data sourced from major buy and sell side trading desks.
In this edition, read about how the price of oil plummeting over 40% has affected sovereign CDS.
- Venezuela, Russia, Ukraine, Kazakhstan and Nigeria all widened as the price of oil plummets over 40%
- Venezuela tops the most risky table, widening 169%
- Turkey ended the quarter as one of the best performers
- Greece CDS spreads widen to 1281bps