bond-basics

Upgrade (Ratings)

The increasing of a Rating by a Rating Agency.  Higher Ratings indicate higher credit quality.

See Also

Rating

A judgment by a rating agency as to the credit quality of a bond.

In Contrast To

Downgrade (Ratings)

The lowering of a rating by a Rrting agency. Lower ratings indicate lower credit quality.

Hudson Yards Rail Yards

Start with the Bond Basics

Parity Debt

Two or more issues of bonds with the same priority of claim or lien on the same underlying security and sources of repayment (i.e., revenues) for all of the bonds.