Scan QR code or get instant email to install app
Question:
The classifications "investment grade" and "non-investment grade" are based on ratings from recognized credit rating agencies. Bonds rated Baa3/BBB– or higher are classified as investment grade, while bonds rated Ba1/BB+ or lower are classified as non-investment grade. However, an analyst should not rely exclusively on credit ratings to draw conclusions about the credit risk or loss severity of bond investments.
Comments