Rating
A judgment by a rating agency as to the credit quality of a bond.
bond-basics
Rating Agency
A national credit agency providing an independent appraisal of the credit quality of the Issuer, the Conduit Borrower, if any, and/or the Bond Issue. The largest Rating Agencies are S&P Global Ratings, Moody’s Investors Service, and Fitch Ratings.
Life’s a Party
Learn more about the various parties involved in a municipal securities transaction and their roles.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Closing Transcript
The final record of all executed documents delivered at the closing or shortly thereafter as a bound transcript or in electronic form.