Definition of sovereign debt in English:

sovereign debt

Syllabification: sov·er·eign debt


The amount of money that a country’s government has borrowed, typically issued as bonds denominated in a reserve currency: the anxieties about sovereign debt have been most acute in Europe
More example sentences
  • On highly liquid assets, such as sovereign debt, prices are freely available and monitoring for margin calls is relatively straightforward.
  • Sovereign debt for the group amounted to 30 per cent of GDP in 1986, partly because the rescheduling process involved provision of additional loans to prevent default.
  • Since then, Argentina has defaulted on the biggest sovereign debt in history and the country has experienced its worst political unrest in a decade.

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