Emerging Markets Credit Risk Highlights

A selection of Moody’s latest comparative insights on global emerging market research. For a complete list of EM reports on Moodys.com click here.


Emerging Markets Financial Conditions Monitor - March 2023

09 March 2023

While EMs have likely left the worst of the current economic cycle behind, further volatility is likely as uncertainty about the inflation and interest rate trajectory continues. 

Moody's Investors Service

Global Emerging Markets Chartbook

13 December 2022

Despite signs of improvement, credit stress indicators are still above long-term averages across non-investment-grade EM sovereigns and nonfinancial companies.

Emerging Markets Covenant Monitor

17 May 2022

Twice a year update on cross-regional quality of covenants for corporate bond issuance in EMS. It provides an update on the average EM covenant quality scores