NEW YORK--(BUSINESS WIRE)--Sep 4, 2018--Kroll Bond Rating Agency (KBRA) releases a macro-market research report, “Global Sovereign Debt Update.” In this report, KBRA discusses trends in leverage accumulation based on data collected from the Bank for International Settlements.

Global debt has grown modestly in aggregate terms in recent years. This trend reflects the modest growth in advanced industrialized economy debt, which accounts for most of global debt. Meanwhile, the faster rise in emerging market debt fueled the uptick. Debt dynamics in advanced economies, in part, reflects progress towards repairing government balances in the Euro Area as well as deleveraging across the real economy. Emerging market debt accumulation has been evident across all economic sectors of the economy.

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About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

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CONTACT: Analytical:

KBRA

Joan Feldbaum-Vidra, +1-646-731-2362

Managing Director

jfeldbaumvidra@kbra.com

or

Alan Madden, +353-1-907-9206

Director

amadden@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Kroll Bond Rating Agency

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PUB: 09/04/2018 10:34 AM/DISC: 09/04/2018 10:34 AM

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