Guide for Domestic Credit Rating Categories
Guide for Domestic Credit Rating Categories
Credit Rating Category |
Guide for Domestic Credit Rating Categories |
AAA
|
Indicates the strongest capacity for timely repayment of principal and interest
|
AA
|
Indicates very strong capacity for timely repayment of principal and interest, but may slightly be inferior to AAA bond ratings
|
A
|
Indicates strong capacity for timely repayment. This capacity may, nevertheless, be more vulnerable to adverse changes in circumstances or in economic conditions than is the case for higher rating categories
|
BBB
|
Indicates a lack of adequate capacity for repayment of principal and interest, and interest payment in times of economic depression is not guaranteed
|
BB
|
Indicates that the capacity for timely repayment is currently adequate, but that there are some speculative characteristics that make the repayment uncertain over time
|
CCC
|
Indicates present uncertainties as to the repayment of principal and interest and highly speculative due to the high risk of default
|
CC
|
Indicates higher uncertainties than higher ratings
|
C
|
Indicates high risk of default and lack of capacity for repayment of principal and interest
|
D
|
Indicates insolvency
|