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The leading rating agencies give a rating when a bond is first issued, and that rating determines how high the interest rate on that bond is. A higher rating means the bond will have a lower interest rate.
Bond credit rating is used to assess the credit worthiness of a corporation or government's debt issues. A bond credit rating is similar to a credit rating that an individual person receives.
It stands for unrated. That rating agency does not rate that bond.
Dominion Bond Rating Service was created in 1976.
see Bond beam- Wikipedia
In simple terms, the better the rating the safer the investment.
A bond issuer's probability of defaulting
If a bond rating improves, it indicates lower risk and increased creditworthiness, leading to increased demand for the bond. This increased demand drives the bond price up.
There are two complimentary reasons to check a bond's rating. If you're a risk-averse investor, checking a bond's rating indicates the bond's risk of default. These guys look for "investment grade" bonds. If you're an aggressive investor, risk equals reward: the worse a bond is, the more it pays.
Phillip believes that his mother will not be pleased with Timothy because he was different from what she had expected. He anticipates that she will be critical and disapproving of their bond.
A bond with a AAA rating would generally be expected to be less expensive than a bond with a BBB rating. This is because the AAA rating indicates higher creditworthiness and lower risk of default, making it more attractive to investors. As a result, AAA-rated bonds typically offer lower interest rates.
Logan Bond and Levi Zimmerman