Rating
A judgment by a rating agency as to the credit quality of a bond.
bond-basics
Upgrade (Ratings)
The increasing of a Rating by a Rating Agency. Higher Ratings indicate higher credit quality.
See Also
In Contrast To
Downgrade (Ratings)
The lowering of a rating by a Rrting agency. Lower ratings indicate lower credit quality.
Start with the Bond Basics
Hundreds of Terms and Concepts
Yield
As computed under the Code provisions applicable to bonds, the internal rate of return that causes the present value of the payments of principal and interest (and, in certain cases, certain other payments) on an issue of bonds to equal the issue price of the bonds.