The government of Ethniclashistan has issued 10 year sovereign bonds with face value of $100,000, 5% coupon paid annually, at a price of $ 74,329.37

Meanwhile, US Treasury bonds with the exact same specifications (same face value, maturity and coupon structure) are selling in the market for $ 100,000.

Based on this information, what is the probability that Ethniclashistan bonds default sometime within the next 10 years ?