Bond Default Statistics provides structured and insight into bond default events in the Norwegian market.
The service identifies and tracks defaults related to both interest (coupon) payments and redemptions, offering market participants transparency into credit events and distressed instruments.
Each default event is represented through newly created ISINs:
- One new ISIN for each defaulted coupon (interest payment)
- One new ISIN for each defaulted redemption
- If both interest and redemption default occur, two separate ISINs are created
This methodology ensures precise identification, consistent tracking, and accurate historical analysis of defaulted obligations.
Bond Default Statistics is suitable for both internal analysis and client-facing distribution, supporting risk management, trading decisions, research, and regulatory monitoring.
Key features
- Coverage of bond defaults in the Norwegian market
- Separation of interest and redemption default events
- New ISIN creation for each default event
- Clear identification of multiple defaults per bond
- Available for distribution and non-distribution use
- Structured data format for automated processing
- SFTP delivery
Product benefits
- Transparent default tracking
Identify and monitor default events at coupon and redemption level. - Precise instrument identification
Use ISIN-based representation for consistent reference and analysis. - Enhanced credit risk analysis
Support portfolio monitoring and credit assessment with reliable default data. - Trading and pricing support
Improve valuation models and distressed debt strategies. - Research-grade data quality
Enable long-term studies of default frequency and market behavior. - Flexible usage rights
Available for internal use or client redistribution.
Frequency and delivery
- Subscription model: Monthly
- Delivery frequency options: Daily, weekly, or monthly
- Delivery method: SFTP
Use cases
Trading and market analysis
- Distressed debt identification
- Credit spread modeling
- Risk-adjusted pricing
Risk management and compliance
- Portfolio default monitoring
- Exposure reporting
- Regulatory and internal risk assessments
Back-office and operations
- Instrument lifecycle tracking
- Reference data updates
- Corporate action reconciliation
Investment research and strategy development
- Credit strategy design
- Default probability modeling
- Market stress analysis
Academic and quantitative research
- Default trend studies
- Market structure research
