1) what are the different bind ratings and what do they mean 2) If a bondâ€™s rating...

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Finance

1) what are the different bind ratings and what do theymean

2) If a bondâ€™s rating goes from Ba1 to Ba2 what does it mean. Alsowhat does it mean if the bondâ€™s probability of default rating goesfrom Ba1-PD to Ba2-PD.

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What are the different bond ratings and what do they mean A bond rating is a letter based grading system assigned to bonds which indicate the credit quality of the Bonds Primarily bond rating is the evaluation of a bond issuers CorporateGovernment financial position or strength or its ability to pay a bonds principal and interest in time Bond rating is provided by mainly one of the big three SPs Moodys and Fitch Ratings Bond Rating Codes Types Aaa AAA This rating is provided to the issuer who has Extremely Strong ie excellent capacity to meet its financial commitments Aa1Aa2Aa3 AAAAAA This rating is See Answer

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