5.What is the purpose of bond rating?

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5.What is the purpose of bond rating?

2006-12-05 10:45:13 · 2 answers · asked by sab_msu 1 in Business & Finance ➔ Investing

2 answers

It purports to quantify the level of risk associated with the bond. The higher the rating, the greater the likelihood of repayment, therefore the lower the risk. Lower risk usually results in a somewhat lower interest rate.

2006-12-05 10:51:28 · answer #1 · answered by Carlos R 5 · 0⤊ 0⤋

wat is dat anyways

2006-12-05 18:47:21 · answer #2 · answered by Anonymous · 0⤊ 1⤋