Bonds rated Ba by Moody's have the same safety rating as the bonds rated BB by Standard & Poor's.

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Both rating systems separate bonds into categories based on their creditworthiness. Moody's categorizes bonds as Ba when they are considered speculative or "non-investment grade." Similarly, Standard & Poor's categorizes them as BB. While the letters may differ, both ratings indicate the bonds have moderate creditworthiness and a higher risk of default compared to higher-rated bonds. Therefore, they have the same safety rating.

Bonds Rated Ba by Moody's Have the Same Safety Rating