Debt which has little chance of being paid back of or repaid with interest. A specific debt is considered a toxic debt either when default rates for a certain debt are in double digits, more debt is incurred than what can be repaid, or the interest rates are subject to discretionary changes. Toxic debts can harm an individual or institution.
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|02:30||Tertiary Industry Index||Sep|
|07:35||BOJ Governor Haruhiko Kuroda Speaks|
|10:00||Ifo Business Climate Index||Sep|
|10:00||Ifo Current Assessment||Sep|
|10:00||IFO - Expectations||Sep|
|15:00||NBB Business Climate||Sep|
|18:00||FOMC Member Raphael W. Bostic Speaks|