The ECP is required to notify the suspension of the
defaulting legislators by 15th October.
Tabellini (1991) assumes that individuals cannot punish a
defaulting government.
This approach considers that the recent history of credit migration and default data is most relevant when assessing the probabilities of
defaulting. Comparisons are then made between the estimated proportions calculated with the cohort and the continuous-time generator approach.
2010: 140-160
defaulting issuers (9-11 per cent default rate)
running away, with a 72.9% likelihood of
defaulting on its debt.
* For deals with weighted dollar average life of less than 7.5 years, push back the start of defaults as far as possible during the reinvestment period, while still
defaulting the entire original dollar amount.
However, only 10.0 percent of issuers
defaulting in 2001 were originally rated investment grade, well below the 20-year average of 13.1 percent.
The default rate is defined as total mortgages
defaulting in month t divided by total mortgages alive at the start of month t.
Further, by removing all of the transactions of the
defaulting participant, a settlement recast automatically allocates the losses associated with the default to the participants that dealt with the
defaulting participant.
There is no one typical path borrowers follow after
defaulting on a federal student loan.
ROHNERT PARK, Calif:
Defaulting on federal student loans is a big deal.