UK - Triple-B rated corporate bonds are 13 times more likely to default than triple-A bonds, Jagger & Associates claims.
The actuary calculates that over 15 years, the default rate for triple-B rated bonds is 8.37%, compared to 0.63% for their triple-A rated counterparts. It said that while no triple-A rated bonds...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date