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Convergence and Divergence of Sovereign Bond Spreads: Lessons From Latin America

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/convergence-and-divergence-of-sovereign-bond-spreads_822657710540.html
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Latin American sovereign bonds represent a significant share of the emerging debt class (50 per cent by early 2001) and so have considerably shaped the dynamics of this market. Recent financial turmoil, contagion episodes and investors’ renewed concerns with debt default call for a better understanding of sovereign bond pricing (spreads) and its...
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