Unofficial - Not to be used for investment purposes
Fixed Income Instrument Ratings
NRSRO |
Instrument |
Rating |
Grade |
Length |
Tax |
Moody |
Bond |
Aaa |
Investment |
Long Term |
Taxable |
Moody |
Bond |
Aa |
Investment |
Long Term |
Taxable |
Moody |
Bond |
A |
Investment |
Long Term |
Taxable |
Moody |
Bond |
Baa |
Investment |
Long Term |
Taxable |
Moody |
Bond |
Ba |
Speculative |
Long Term |
Taxable |
Moody |
Bond |
B |
Speculative |
Long Term |
Taxable |
Moody |
Bond |
Caa |
Highly Speculative to Poor |
Long Term |
Taxable |
Moody |
Bond |
Ca |
Highly Speculative to Poor |
Long Term |
Taxable |
Moody |
Bond |
C |
Highly Speculative to Poor |
Long Term |
Taxable |
Moody |
Bond |
Prime-1 |
Superior S/T Debt Paying Ability |
Short Term |
Taxable |
Moody |
Bond |
Prime-2 |
Exceptional S/T Debt Paying Ability |
Short Term |
Taxable |
Moody |
Bond |
Prime-3 |
Acceptable S/T Debt Paying Ability |
Short Term |
Taxable |
Moody |
Bond |
Not Prime |
Risky S/T Debt Paying Ability |
Short Term |
Taxable |
Moody |
Bond |
MIG1 |
Superior Debt Paying Ability |
Short Term |
Tax Exempt |
Moody |
Bond |
MIG2 |
Exceptional Debt Paying Ability |
Short Term |
Tax Exempt |
Moody |
Bond |
MIG3 |
Acceptable Debt Paying Ability |
Short Term |
Tax Exempt |
Moody |
Bond |
MIG4 |
Adequate Debt Paying Ability |
Short Term |
Tax Exempt |
Moody |
Bond |
VMIG1 |
Superior Debt Paying Ability - VRDN |
Short Term |
Tax Exempt |
Moody |
Bond |
VMIG2 |
Exceptional Debt Paying Ability - VRDN |
Short Term |
Tax Exempt |
Moody |
Bond |
VMIG3 |
Acceptable Debt Paying Ability - VRDN |
Short Term |
Tax Exempt |
Moody |
Bond |
VMIG4 |
Adequate Debt Paying Ability - VRDN |
Short Term |
Tax Exempt |
Moody |
Bond |
SG |
Speculative |
Short Term |
Tax Exempt |
Moody |
Preferred Stock |
aaa |
Investment |
NA |
Taxable |
Moody |
Preferred Stock |
aa |
Investment |
NA |
Taxable |
Moody |
Preferred Stock |
a |
Investment |
NA |
Taxable |
Moody |
Preferred Stock |
baa |
Investment |
NA |
Taxable |
Moody |
Preferred Stock |
ba |
Speculative |
NA |
Taxable |
Moody |
Preferred Stock |
b |
Speculative |
NA |
Taxable |
Moody |
Preferred Stock |
caa |
Highly Speculative to Poor |
NA |
Taxable |
Moody |
Preferred Stock |
ca |
Highly Speculative to Poor |
NA |
Taxable |
Moody |
Preferred Stock |
c |
Highly Speculative to Poor |
NA |
Taxable |
Moody |
Bank |
A |
Exceptional Financial Strength |
NA |
Taxable |
Moody |
Bank |
B |
Strong Financial Strength |
NA |
Taxable |
Moody |
Bank |
C |
Good Financial Strength |
NA |
Taxable |
Moody |
Bank |
D |
Adequate Financial Strength |
NA |
Taxable |
Moody |
Bank |
E |
Very Weak Financial Strength |
NA |
Taxable |
Moody's has not endorsed, supported nor otherwise approved this schedule, nor the use authenticity, accuracy, nor any other aspect of this schedule. Neither Moody nor the author or owner of this schedule may be held responsible for using information in this schedule.
User of Moody's rating or any other rating agency's information should use the authentic data that they may publish, distribute, publish or otherwise provide
Last Updated on 01/09/2000
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