Ratings notches: Difference between revisions

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===Moody's===
===Moody's===
{| class="wikitable" style="text-align:center"
{| class="wikitable” style="text-align:center"
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! colspan="3" style="background:#AACCEE" |Moody's credit ratings
! colspan="3” style="background:#AACCEE” |Moody's credit ratings
|- style="font-weight:bold"
|- style="font-weight:bold"
!colspan="3" style="background:#AAEEAA"| Investment grade
!colspan="3” style="background:#AAEEAA"| Investment grade
|-  style="font-weight:bold"
|-  style="font-weight:bold"
! width ="140" style="background:#808080; color:White"| Rating ||! width ="350" style="background:#808080; color:White" |Long-term ratings ||! width ="200" style="background:#808080; color:White"|Short-term ratings
! width ="140” style="background:#808080; color:White"| Rating ||! width ="350” style="background:#808080; color:White” |Long-term ratings ||! width ="200” style="background:#808080; color:White"|Short-term ratings
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|  style="background:LightGrey" |<!-- NOTE: Moody's uses Aaa not AAA. Do not "correct" Aaa to AAA -->{{moodys|Aaa}} || style="background:#F2F2F2; text-align:left"|Rated as the highest quality and lowest credit risk. ||! rowspan="5" |'''Prime-1'''<br/>Best ability to repay short-term debt
|  style="background:LightGrey” |<!-- NOTE: Moody's uses Aaa not AAA. Do not "correct” Aaa to AAA -->{{moodys|Aaa}} || style="background:#F2F2F2; text-align:left"|Rated as the highest quality and lowest credit risk. ||! rowspan="5” |'''Prime-1'''<br/>Best ability to repay short-term debt
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|  style="background:LightGrey" |{{moodys|a1}} ||! rowspan="3" style="background:#F2F2F2; text-align:left"|Rated as high quality and very low credit risk.
|  style="background:LightGrey” |{{moodys|a1}} ||! rowspan="3” style="background:#F2F2F2; text-align:left"|Rated as high quality and very low credit risk.
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|  style="background:LightGrey" |{{moodys|a2}}
|  style="background:LightGrey” |{{moodys|a2}}
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|  style="background:LightGrey" |{{moodys|a3}}
|  style="background:LightGrey” |{{moodys|a3}}
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|  style="background:LightGrey" |{{moodys|1}}  ||! rowspan="3" style="background:#F2F2F2; text-align:left"|Rated as upper-medium grade and low credit risk.
|  style="background:LightGrey” |{{moodys|1}}  ||! rowspan="3” style="background:#F2F2F2; text-align:left"|Rated as upper-medium grade and low credit risk.
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|  style="background:LightGrey" |{{moodys|2}}  ||! rowspan="2"|'''Prime-1'''/'''Prime-2'''<br/>Best ability or high ability to repay short term debt
|  style="background:LightGrey” |{{moodys|2}}  ||! rowspan="2"|'''Prime-1'''/'''Prime-2'''<br/>Best ability or high ability to repay short term debt
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|  style="background:LightGrey" |{{moodys|3}}
|  style="background:LightGrey” |{{moodys|3}}
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|  style="background:LightGrey" |{{moodys|aa1}}||! rowspan="3" style="background:#F2F2F2; text-align:left"|Rated as medium grade, with some speculative elements and moderate credit risk. ||'''Prime-2'''<br/> High ability to repay short term debt
|  style="background:LightGrey” |{{moodys|aa1}}||! rowspan="3” style="background:#F2F2F2; text-align:left"|Rated as medium grade, with some speculative elements and moderate credit risk. ||'''Prime-2'''<br/> High ability to repay short term debt
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|  style="background:LightGrey" |{{moodys|aa2}} ||'''Prime-2'''/'''Prime-3'''<br/>High ability or acceptable ability to repay short term debt
|  style="background:LightGrey” |{{moodys|aa2}} ||'''Prime-2'''/'''Prime-3'''<br/>High ability or acceptable ability to repay short term debt
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|  style="background:LightGrey" |{{moodys|aa3}} ||'''Prime-3'''<br/>Acceptable ability to repay short term debt
|  style="background:LightGrey” |{{moodys|aa3}} ||'''Prime-3'''<br/>Acceptable ability to repay short term debt
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!colspan="3" style="background:LightCoral"| Speculative grade
!colspan="3” style="background:LightCoral"| Speculative grade
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! width ="140" style="background:#808080; color:White"| Rating ||! width ="350" style="background:#808080; color:White" |Long-term ratings ||! width ="200" style="background:#808080; color:White"|Short-term ratings
! width ="140” style="background:#808080; color:White"| Rating ||! width ="350” style="background:#808080; color:White” |Long-term ratings ||! width ="200” style="background:#808080; color:White"|Short-term ratings
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| style="background:LightGrey"|{{moodys|a1 ||! rowspan="3" style="background:#F2F2F2; text-align:left"| Judged to have speculative elements and a significant credit risk. ||! rowspan="11" | '''Not Prime'''<br/>Do not fall within any of the prime categories
| style="background:LightGrey"|{{moodys|a1 ||! rowspan="3” style="background:#F2F2F2; text-align:left"| Judged to have speculative elements and a significant credit risk. ||! rowspan="11” | '''Not Prime'''<br/>Do not fall within any of the prime categories
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|  style="background:LightGrey" |{{moodys|a2}}
|  style="background:LightGrey” |{{moodys|a2}}
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|  style="background:LightGrey" |{{moodys|a3}}
|  style="background:LightGrey” |{{moodys|a3}}
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|  style="background:LightGrey" |{{moodys|1}} ||! rowspan="3" style="background:#F2F2F2; text-align:left"| Judged as being speculative and a high credit risk.
|  style="background:LightGrey” |{{moodys|1}} ||! rowspan="3” style="background:#F2F2F2; text-align:left"| Judged as being speculative and a high credit risk.
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|  style="background:LightGrey"|{{moodys|2}}
|  style="background:LightGrey"|{{moodys|2}}
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|  style="background:LightGrey" |{{moodys|3}}
|  style="background:LightGrey” |{{moodys|3}}
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|  style="background:LightGrey" |{{moodys|aa1}} ||! rowspan="3" style="background:#F2F2F2; text-align:left"| Rated as poor quality and very high credit risk.
|  style="background:LightGrey” |{{moodys|aa1}} ||! rowspan="3” style="background:#F2F2F2; text-align:left"| Rated as poor quality and very high credit risk.
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|  style="background:LightGrey" |{{moodys|aa2}}
|  style="background:LightGrey” |{{moodys|aa2}}
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| style="background:LightGrey" |{{moodys|aa3}}
| style="background:LightGrey” |{{moodys|aa3}}
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|  style="background:LightGrey" |{{moodys|a}} || style="background:#F2F2F2; text-align:left"| Judged to be highly speculative and with likelihood of being near or in default, but some possibility of recovering principal and interest.
|  style="background:LightGrey” |{{moodys|a}} || style="background:#F2F2F2; text-align:left"| Judged to be highly speculative and with likelihood of being near or in default, but some possibility of recovering principal and interest.
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| style="background:LightGrey" |{{moodys|}}  ||! rowspan="1" style="background:#F2F2F2; text-align:left"|Rated as the lowest quality, usually in default and low likelihood of recovering principal or interest.
| style="background:LightGrey” |{{moodys|}}  ||! rowspan="1” style="background:#F2F2F2; text-align:left"|Rated as the lowest quality, usually in default and low likelihood of recovering principal or interest.
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|}