Sentence examples for total default from inspiring English sources

More than one-third of the total default amount came from Pacific Gas and Electric and Southern California Edison, which have amassed enormous debt because of California's energy deregulation crisis.

A1 Argentina's Desperate Steps Argentina, which is on the brink of a total default on $132 billion of public sector debt, announced it had limited cash withdrawals from banks and taken a step toward adopting the dollar as Argentina's currency in a desperate effort to avert a run on banks and a chaotic devaluation.

Without ever uttering the term "bankruptcy," the vague language used to discuss the Countrywide situation is enough to keep Countrywide's creditors on their toes, more willing to go along with Bank of America's demands to avoid total default.

We have therefore implemented six different algorithms to rank such regions: Total (default).

Although 50.9% (138/271) of total default took place in the first month itself, in subsequent months, it slowed down, like about 20% during the 2nd or 3rd month, 5.2% in 4th month, and 3.7% in 5th month.

Indeed, last year's total defaults amounted to just $2.8 billion — a drop in the bucket compared to the nearly $3 trillion in outstanding municipal bonds.

Officials at the scheme expect defaults to reach a peak next year, and total defaults to be some 5-6% of the amount extended covering about 65,000 companies in all.Another reason for the rise in bankruptcy-filings is a new law modelled on America's Chapter 11.

Over Shared Interest's ten-year run, total loan defaults have equaled less than 5% of outstanding guarantees all covered by its loss reserves.

Incidentally, the government is about to finesse this so that 20% of any one bank's total EFG defaults are covered (rather than 13% as at present).

That's because the total bonds in default amount to $15bn £8.8bnn), more than 50% of the country's total foreign currency reserves.

Today, Dawn, one of Pakistan's English-language newspapers, reported that the government had so far recovered $291 million in nonperforming loans, a sizable sum but still only 10percentt of the total amount in default.