Ask A Fool: What Do Bond Ratings Mean?

There are three main bond rating agencies: Standard & Poor's, Fitch, and Moody's. The first two use similar ratings, with AAA being the best, followed by AA, A, BBB, BB, B, CCC, CC, C, and D with +/- used to further break down the ratings. Moody's ratings start with Aaa, then go to Aa, A, Baa, Ba, B, Caa, Ca, and C, and instead of pluses and minuses, use the numbers 1, 2, and 3, in descending order, to break it down further.

Topics:  standard    poor's   fitch   moody's   ccc   cc   caa   ca   bbb-/baa3   aa-rated   d   aa   bbb   bb   aa   baa   ba   a-rated   risk   break   maturity   
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