News
2010 worse for NZ defaults than 2009: S&P
Tuesday 20th of April 2010
Defaults by Australasian issuers remained stable last year, with only one missed payment by a confidentially rated company, carrying on the trend of a single default since 2006. That's 0.5% of the 434 issuers S&P rates across Australia and New Zealand. Still, this will not continue in 2010, with two short-term defaults by issuers not rated earlier in the year being reported already.
...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
3 min read