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Re: Dayton009 post# 40770

Wednesday, 08/10/2011 7:10:46 PM

Wednesday, August 10, 2011 7:10:46 PM

Post# of 72584
I think even bb is a stretch, if they could qualify:

These are assigned by credit rating agencies such as Moody's, Standard & Poor's, and Fitch Ratings to have letter designations (such as AAA, B, CC) which represent the quality of a bond. Bond ratings below BBB/Baa are considered to be not investment grade and are colloquially called junk bonds.


http://en.wikipedia.org/wiki/Bond_credit_rating

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