Credit migration: Difference between revisions
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Credit migration is a change in a credit rating over time, either downward or upward. | Credit migration is a change in a credit rating over time, either downward or upward. | ||
Sometimes abbreviated to ''migration.'' | |||
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== See also == | == See also == | ||
* [[Bond]] | |||
* [[Corporate credit ratings: a quick guide]] | * [[Corporate credit ratings: a quick guide]] | ||
* [[Credit]] | * [[Credit]] | ||
| Line 21: | Line 24: | ||
* [[Credit risk]] | * [[Credit risk]] | ||
* [[Downgrade]] | * [[Downgrade]] | ||
* [[Duration]] | |||
* [[Investment grade]] | * [[Investment grade]] | ||
* [[Issuer]] | |||
* [[Maturity]] | * [[Maturity]] | ||
* [[Security]] | |||
* [[Ultra short duration bond fund]] (USBF) | * [[Ultra short duration bond fund]] (USBF) | ||
* [[Upgrade]] | * [[Upgrade]] | ||
Latest revision as of 07:21, 25 July 2022
Borrowings - securities - bonds - credit ratings.
Credit migration is a change in a credit rating over time, either downward or upward.
Sometimes abbreviated to migration.
- Credit migration more likely for lower-rated issues
- "... as we move down the credit-rating spectrum, typically the probability of credit migration increases and with this, so too the probability of increased volatility.
- This should be managed by having [only] small exposures to lower-quality credit and to individual lower-quality issuers."
- Ultra Short Duration Bond Funds: The importance of credit - ACT Knowledge Hub.
See also
- Bond
- Corporate credit ratings: a quick guide
- Credit
- Credit migration risk
- Credit rating
- Credit risk
- Downgrade
- Duration
- Investment grade
- Issuer
- Maturity
- Security
- Ultra short duration bond fund (USBF)
- Upgrade
- Volatility
Other resource
Ultra Short Duration Bond Funds: The importance of credit - ACT Knowledge Hub
