News Focus
News Focus
icon url

Charlie48

08/10/11 7:10 PM

#40772 RE: Dayton009 #40770

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