Bips & Pieces

Emerging Market Debt Renegotiations Start to Pile Up, but Could be Slow to Materialise

Emerging market sovereign spreads widened dramatically throughout the month of March as world governments struggled to contain the economic fallout from COVID-19, with Ecuador, Angola, and Argentina leading losses. Observers say that while debt restructurings are coming thick and fast, the spread of the virus may cause some to be delayed.

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