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Investment Grade

A bond judged likely enough to meet payment obligations that banks are allowed to invest in it.

Ratings by Moody's and Standard & Poor's are given below:

 Moody'sS & P
Investment Grade RatingsAaa
Aa
A
Baa
AAA
AA
A
BBB
Below Investment Grade
("Junk Bond")
Ba
B
Caa
Ca
C
BB
B
CCC
CC
C
In Default D


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