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Bond Rating

 

A specification of a bond issuer's probability of defaulting based on an analysis of the issuer's financial condition and profit potential.

 

Bond rating services are provided by Standard & Poor's, Moody's Investors Service and Fitch Investors Service.

Bond ratings start at 'AAA' (denoting the highest investment quality) and usually end at 'D' (meaning payment is in default).

 

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