Rating
A judgment by a rating agency as to the credit quality of a bond.
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.
Learn more about the various parties involved in a municipal securities transaction and their roles.
A judgment by a rating agency as to the credit quality of a bond.
A method of selling bonds in which one or more underwriters submit proposals for the purchase of the bonds.