Ratings notches: Difference between revisions

*{{S&P|AAA}}: An obligor rated 'AAA' has extremely strong capacity to meet its financial commitments. 'AAA' is the highest issuer credit rating assigned by Standard & Poor's. Equivalent to Moody's {{moodys|Aaa}}

*{{S&P|AA}}:  An obligor rated 'AA' has very strong capacity to meet its financial commitments. It differs from the highest-rated obligors only to a small degree. Equivalent to Moody's {{moodys|Aa2}}Includes:

**{{S&P|AA+}}: equivalent to Moody's {{moodys|Aa1}} (high quality, with very low credit risk, but susceptibility to long-term risks appears somewhat greater)

*{{S&P|A}}:  An obligor rated 'A' has strong capacity to meet its financial commitments but is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligors in higher-rated categories. Equivalent to Moody's {{moodys|A1}}

**{{S&P|A+}}: equivalent to {{moodys|Aa}}

**{{S&P|A}}:  equivalent to {{moodys|A1}}

**{{S&P|A-}}:  equivalent to {{moodys|A2}}

*{{S&P|BBB+}}: An obligor rated 'BBB' has adequate capacity to meet its financial commitments. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitments. Equivalent to Moody's {{moodys|A3}}