Sentence examples for default borrowing from inspiring English sources
And when governments do default, borrowing costs typically return to normal in a couple of years.
Mr. Brown said such moves were meant to hide that Adelphia was in default of borrowing restrictions in lending agreements with banks and bondholders.
On Monday, after news of the European Union deal was disclosed, banking shares on the Stoxx Europe 600 index rose 7 percent and a wide range of credit market indicators improved: The cost of insuring corporate loans against default and borrowing costs for troubled euro zone governments both declined.
Households are deleveraging and defaulting, not borrowing more to fuel consumption".
True, but no company that is truly headed toward imminent default can borrow as cheaply as the American government.
And if the Republicans in Congress are too reckless and irresponsible to do it, the president should seriously consider using his powers under the 14th Amendment to avoid default and borrow the money we need in order to honor the obligations that Congress has already authorized.
And the threat of default "increased our borrowing costs, which adds to our deficit".
California already has the worst bond rating of any state, and a default could make borrowing impossibly expensive.
The Irish government also fears that a default could raise borrowing costs for other state-controlled banks and power companies, pushing up mortgage and utility bills.
Moody's, a rating agency, predicts that the proportion of low-rated companies that default on their borrowing will rise from 1% to 4.2% within a year.
