Sunday, August 16, 2015

Owing options...

Another interesting money related graph; not the debt (see Owning outstanding) but - look away Venezuelans - the world's riskiest sovereign debt (the Business Insider graph uses cost prices of CDS (credit-default swaps), "which are derivatives that pay out if a borrower defaults.". Hat-tip Caracas Chronicles where DAUZ has a an great explanation of how CDS work for those not so au fait with the financial lingo and definitions.

No comments: