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
Qualified Small Issue Bond
A type of private activity bond (PAB) permitted under Section 144(a) of the Code of under $1,000,000 in face value to finance certain projects relating to manufacturing facilities.