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Credit Rating Agencies

By Giulia Mennillo
eBook
$35.00
By Giulia Mennillo
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Credit rating agencies (CRAs) assess the creditworthiness of debt issuers on financial markets. They are private companies and the ratings they issue are judgements about the prospect of repayment of debt by an issuer in time and in full. A rating is not an investment recommendation, but it is an opinion about the creditworthiness of a financial product or an issuing bank, government, supra- or sub-national institution.

In recent years CRAs have gained an authority in bond markets that far ...

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BusinessIndustriesProfessional Finance & InvestingFinancial IndustriesBanks, Savings & Loans, & Credit Unions - General & Miscellaneous