What is Sovereign Default? Sovereign default refers to the failure of the government of a sovereign entity to pay back principal and interest payments when they are due. The failure to repay debts owed to creditors may be accompanied by a government’s formal declaration that it will not pay owed debts, or it may sometimes...
What is the Sovereign Fund of Brazil? The Sovereign Fund of Brazil is the country’s government-controlled financial vehicle with different revenue sources, objectives, and investment approaches. It was established to insulate the country from short-term political pressure. Some of the Sovereign Fund of Brazil’s objectives were to fund projects of strategic interest to the country...
What is a Sovereign Bond? A sovereign bond is a national government-issued debt security to finance spending programs, cover interests due, or repay old debts. As with other types of bonds, a sovereign bond promises to pay the buyer periodic interest and repay the face value on the maturity date. Its rating is associated with...
What is a Sovereign Bond Yield? A sovereign bond yield is an interest rate that a national government pays to service its outstanding bonds. As with corporate bonds, a sovereign bond yield depends on the inherent risk for the bondholders. However, the risk involves political risks, economic uncertainties, and exchange rates if the issued debt...
What is a Shareholder Register? A shareholder register is a list of all active and former owners of a company’s shares. The register includes details of shareholders, such as their name, address, the number of shares they own, class of shares held, date when they became a shareholder, and when they ceased being a shareholder....