Credit migration: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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== See also ==
== See also ==
* [[Bond]]
* [[Corporate credit ratings: a quick guide]]
* [[Corporate credit ratings: a quick guide]]
* [[Credit]]
* [[Credit]]
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* [[Credit risk]]
* [[Credit risk]]
* [[Downgrade]]
* [[Downgrade]]
* [[Duration]]
* [[Investment grade]]
* [[Investment grade]]
* [[Issuer]]
* [[Issuer]]

Revision as of 07:20, 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


Other resource

Ultra Short Duration Bond Funds: The importance of credit - ACT Knowledge Hub