ForewordAcknowledgementsEditorialAbbreviations and acronymsExecutive summary1. Sovereign borrowing outlook for OECD countries2. Revisiting sovereign refinancing risk in light of COVID-19 crisis3. The impact of the COVID-19 crisis on emerging market borrowingAnnex A. OECD 2020 Survey on Primary Markets DevelopmentsAnnex B. OECD 2020 Survey on Liquidity in Government Bond Secondary Markets