Rating grades
Investment Grade
Rating Agency | S&P | Moody's | Fitch |
---|---|---|---|
Best Quality | AAA | Aaa | AAA |
Strong Credit Quality | AA+ | Aa1 | AA+ |
AA | Aa2 | AA | |
AA- | Aa3 | AA- | |
Upper Medium Grade | A+ | A1 | A+ |
A | A2 | A | |
A- | A3 | A- | |
Medium/Low Investment Grade | BBB+ | Baa1 | BBB+ |
BBB | Baa2 | BBB | |
BBB- | Baa3 | BBB- |
High Yield
Rating Agency | S&P | Moody's | Fitch |
---|---|---|---|
Weak/Developing Financial Grade | BB+ | Ba1 | BB+ |
BB | Ba2 | BB | |
BB- | Ba3 | BB- | |
Poor Financial Grade | B+ | B1 | B+ |
B | B2 | B | |
B- | B3 | B- | |
Highly Speculative Grade | CCC+ | Caa | CCC |
CC | Ca | CC | |
C | C | C | |
Default | D | D | D |
Updated on 01 December 2015.