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Rating Symbols and Definitions
for Long Term Debt Instruments Long term
debt instruments: The instruments with
original maturity exceeding one year
Rating symbols should have
CRA’s first name as prefix
AAA - Instruments
with this rating are considered to have the highest degree of safety regarding
timely servicing of financial obligations. Such instruments carry lowest credit risk.
AA -
Instruments with this rating are considered to have high degree of safety regarding
timely servicing of financial obligations. Such instruments carry very low
credit risk.
A - Instruments with this rating are considered
to have adequate degree of safety regarding timely servicing of financial obligations.
Such instruments carry low credit risk.
BBB - Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of
financial obligations. Such instruments carry moderate
credit risk.
BB - Instruments with this rating are considered to have moderate risk of
default regarding timely servicing of
financial obligations.
B - Instruments with
this rating are considered to have
high risk of default regarding timely servicing of
financial obligations.
C - Instruments with this rating are considered to have very high risk of
default regarding timely servicing of financial obligations.
D -
Instruments with this rating are in default or are expected to be in default
soon.
Modifiers {"+" (plus) / "-"(minus)} can be used with
the rating symbols for the categories AA to C. The
modifiers reflect the comparative standing within the category.
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