Rating symbols, Financial Management

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Rating Symbol

Capacity for Timely Repayment

Rating Symbol

Capacity for Timely Repayment

High Investment Grades:

 

 

 

AAA (Triple A)

Highest Safety

1

Very Strong Capacity

AA (Double A)

High Safety

2, 3, 4

Strong Capacity

Investment Grades:

 

 

 

A

Adequate Safety

5, 6, 7

Adequate Capacity

BBB (Triple B)

Moderate Safety

8, 9, 10

Inadequate Capacity

Speculative Grades:

 

 

 

BB (Double B)

Inadequate Safety

11, 12, 13

Poor Capacity

B

High Risk

14

Default

C

Substantial Risk

 

 

D

In Default

 

 

To reflect comparative standing within a category, a '+' (plus) or a '-' (minus) sign will be suffixed to the symbols given above.


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