default rates

default David Fernandez 1

Defaults In 2021 Amounted To 54, Well Below The 216 In 2020 And 105 In 2019, And The Lowest In 10 years

Santander Corporate & Investment | HY default rates remain low and are expected to remain so through 2022. The number of defaults in 2021 was the lowest in the last 10 years. There were 4 defaults in December, the same number as in November, mainly by Chinese construction companies; so the total number of defaults in 2021 was 54, well below the 216 in 2020 and 105 in 2019, and…