Pakistan Sees 'Sharpest Drops' in Default Risks

Pakistan sees ‘sharpest drop’ in default risk; only country showing consistent improvement: finance minister’s aide

Pakistan has recorded one of the “sharpest drops” in sovereign default risk globally and now ranks as the second-best performer in the world, according to Credit Default Swap (CDS)-implied data reported by Bloomberg, adviser to the finance minister Khurram Schehzad said on Sunday. A Credit Default Swap-implied probability estimates the likelihood that a borrower — such as a company or a country — will fail to repay its debt. This probability is …

Pakistan sees 'sharpest drops' in default risks

Adviser to the Finance Minister, Khurram Schehzad, on Sunday said that in a remarkable shift, Pakistan has emerged as one of the top-performing countries in terms of reducing its default risk, recording one of the sharpest declines globally. As per the latest data posted by Bloomberg, Pakistan stands out globally as the 2nd most improved economy in terms of reduction in sovereign default risk, as measured by CDS-implied default probability globa…

Pakistan posts sharpest drop in sovereign default risk, ranks second globally - Profit by Pakistan Today

Credit Default Swap (CDS)-implied data shows investor confidence rising amid macroeconomic stabilisation and IMF-backed reforms

Pakistan witnesses significant drop in default risks, stands second

ISLAMABAD: Pakistan has witnessed one of the sharpest drops in sovereign default risks and stands second worldwide based on Credit Default Swap-implied probability, the country’s finance adviser said on Sunday, citing data from Bloomberg. A Credit Default Swap-implied probability is the market’s forward-looking estimate of the probability of a borrower defaulting on their debt

Pakistan Experiences Sharpest Drop in Default Risk; Unique in Demonstrating Consistent Financial Improvement: Finance Minister's Aide Reports – Archyde

Archyde Pakistan Achieves Remarkable turnaround, Substantially Reduces Default Risk Table of Contents 1. Pakistan Achieves Remarkable turnaround, Substantially Reduces Default Risk 2. Dramatic improvement in Financial Standing 3. Comparative Default Risk… You can read the full story here: Pakistan Experiences Sharpest Drop in Default Risk; Unique in Demonstrating Consistent Financial Improvement: Finance Minister’s Aide Reports.

PM hails positive reports on Pakistan economy

Prime Minister Muhammad Shehbaz Sharif on Monday welcoming Bloomberg’s recent positive report on Pakistan’s economy said that the notable decrease in the price of Pakistan’s Credit Default Swap (CDS) reflected a consistent increase in global investors’ confidence in the country’s economy. According to the report, there has been a significant reduction of 2,200 basis points in the default risk implied in Pakistan’s CDS, a press statement issued b…