Top Ten Riskiest Sovereign Debtors

With the Greek crisis bringing sovereign debt to the forefront, capturing markets’ attention, concerns are mounting about the increase of debt-to-gdp ratios in many countries around the world. CDS spreads on several sovereigns have blown out to historical wides in recent weeks (in early February, Portugal’s five-year sovereign CDS spreads were at 2.09 bpt—their widest level ever).

With countries like Iceland and Dubai already reneging on their foreign debt obligations, there is a growing concern about similar trouble with the debt of several developed and developing economies.

Here are the ten countries topping the list of riskiest economies around the world as they face the peril of sliding down further »

(Data from Reuters/CMA Datavision’s latest ‘Sovereign Risk Monitor‘).