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| Moody’s | S&P | Fitch | Definitions | ||
| Aaa | AAA |
AAA |
Prime. Maximum Safety |
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| Aa1 | AA+ | AA+ | High Grade High Quality | ||
| Aa2 | AA | AA | |||
| Aa3 | AA- | AA- | |||
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| A1 | A+ | A+ | Upper Medium Grade | ||
| A2 | A | A | |||
| A3 | A- | A- | |||
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| Baa1 | BBB+ | BBB+ |
Lower Medium Grade |
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| Baa2 | BBB | BBB | |||
| Baa3 | BBB- | BBB- | |||
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| Ba1 | BB+ | BB+ | Non Investment Grade | ||
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| Ba2 | BB | BB | Speculative | ||
| Ba3 | BB- | BB- | |||
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| B1 | B+ | B+ |
Highly Speculative |
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| B2 | B | B | |||
| B3 | B- | B- | |||
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| Caa1 | CCC+ | CCC | Substantial Risk | ||
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| Caa2 | CCC | – | In Poor Standing | ||
| Caa3 | CCC- | – | |||
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| Ca | – | – | Extremely Speculative | ||
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| C | – | – | May be in Default | ||
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| – | – | DDD | Default | ||
| – | – | DD | |||
| – | D | D | |||
| – | – | – | |||
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| Moody’s | Moody’s Investor Service | 1-212-553-1658 | |||
| S&P | Standard & Poor’s Corporation | 1-212-438-7307 | |||
| Fitch | Fitch Ratings | 1-212-908-0500 | |||
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| Important Note: | |||||
| Information herein is believed to be reliable but Bondsonline Group, Inc. doesn’t warrant its completeness or accuracy. | |||||
