Credit rating

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

1. Larger organisations - borrowings - securities - bonds - credit rating agencies.

A standardised assessment, expressed alphanumerically, of the creditworthiness of an entity raising debt capital – be it a company, an investment vehicle (mutual fund), a country (sovereign) and its affiliated public agencies or regional/local authorities or a supranational institution – provided by credit rating agencies to investors and analysts.

Credit ratings also serve as a measure of the risks related to specific financial investments.


2. Smaller & medium sized organisations - credit reference agencies.

An external assessment of general creditworthiness for a smaller organisation, provided by a credit reference agency.


See also


Other link

Measuring up, The Treasurer, Nov 2014