Assertion: default | /r/HasProperty | rare occurrence
Facets:
value: relatively
type: DEGREE
value: for the highest-rated securities
type: OTHER
Source sentences:
text: Since default is a relatively rare occurrence (historically around 0.2% of investment grade companies default in any one year), in most CDS contracts the only payments are the premium payments from buyer to seller.
text: While a default is a catastrophic event for the price of an individual bond, defaults are relatively rare occurrences for the highest-rated securities.