Credit Quality Step: Difference between revisions
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imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Classify page.) |
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''Bank supervision'' | ''Bank supervision''. | ||
(CQS). | (CQS). | ||
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== See also == | == See also == | ||
* [[AAA]] | |||
* [[Bank supervision]] | |||
* [[Corporate credit ratings: a quick guide]] | * [[Corporate credit ratings: a quick guide]] | ||
* [[Credit rating agency]] | * [[Credit rating agency]] | ||
* [[Fitch]] | * [[Fitch]] | ||
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* [[Moody's]] | * [[Moody's]] | ||
* [[Standard & Poor's ]] | * [[Standard & Poor's ]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Financial_products_and_markets]] | |||
Revision as of 21:52, 10 December 2021
Bank supervision.
(CQS).
A CQS is a simplified and standardised scale of credit quality, mapped to the credit ratings of the largest credit rating agencies.
The Credit Quality Steps are whole numbers from 1 to 6.
1 is the highest quality, corresponding to ratings of AA- and better in Fitch's and Standard & Poor's (S&P's) ratings.
6 is the lowest quality, corresponding to CCC+ and worse in Fitch's and S&P's ratings.
CQS 1, 2 and 3 correspond to investment grade.
CQS 4, 5 and 6 are non-investment grade.
