Bond rating refers to the method of evaluating the possibility of default by a bond issuer, such as a corporation or government body. Prominent agencies like Fitch Ratings, Standard & Poor's, and Moody's assess the financial strength of issuers and provide ratings that range from AAA (highly unlikely to default) to D (in default). Bonds rated BB or below are considered non-investment grade.
Moody's Investors Service is a preeminent financial services company headquartered in downtown Manhattan. It stands among the three most well-known bond-rating agencies in the United States, alongside Fitch Ratings and Standard & Poor's.
Evaluation of the credit and investment risk of a securities issue by commercial rating agencies.
