Bloomberg’s estimated probability of default on South African sovereign debt has fallen from its 2021 highs. Nonetheless, Bloomberg’s model suggests that the probability of default within the next 5 years currently stands at over 11 percent.
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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/coderaco/domains/randomsample.co.za/public_html/wp-includes/functions.php on line 6121Bloomberg’s estimated probability of default on South African sovereign debt has fallen from its 2021 highs. Nonetheless, Bloomberg’s model suggests that the probability of default within the next 5 years currently stands at over 11 percent.