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Which Two of the Following Statements Relating to Credit Ratings

Question 28

Multiple Choice

Which two of the following statements relating to credit ratings is correct?


A) Investment grade debt is rated at B or above by Moody's.
B) Non- investment grade bonds have ratings at, or below, Standard and Poors' rating BB+ (or Moody rating Ba1) .
C) Eurobonds have a Standard & Poors' rating of under ABB.
D) Junk bonds are those which have a Standard & Poors' rating of under BBB (or a Moody rating of less than Baa) .

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