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Staff analytical notes

BoC–BoE Sovereign Default Database: What’s new in 2021?

Staff Analytical Note 2021-15 David Beers, Elliot Jones, Zacharie Quiviger, John Walsh
The BoC–BoE database of sovereign debt defaults, published and updated annually by the Bank of Canada and the Bank of England, provides comprehensive estimates of stocks of government obligations in default.

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Staff discussion papers

Updated Methodology for Assigning Credit Ratings to Sovereigns

We update the Bank of Canada’s credit rating methodology for sovereigns, including our approach to assessing their fiscal position and monetary policy flexibility. We also explicitly consider climate-related factors.

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