Rating
A judgment by a rating agency as to the credit quality of a bond.
bond-basics
Non-Investment Grade Bonds
High-risk debt Securities with low Ratings, if any.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Reissuance
The deemed new issuance of outstanding tax-exempt bonds for federal tax purposes under Section 1001 of the Code and Treasury Regulations Section 1.1001-3 as a result of certain changes to the terms of the tax-exempt bonds after original issuance of such tax-exempt bonds.