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
|