High grade

From ACT Wiki
Jump to navigationJump to search

Debt - credit risk - credit ratings.

High grade debt has low credit risk for investors, and correspondingly strong credit ratings.

The economic impacts of Covid-19 to date: risk management
"I am referring to monetary policy space in terms of the MPC’s current toolkit, namely the scope for rate cuts to the effective lower bound, purchases of government and high grade corporate debt, and forward guidance."
Michael Saunders, External Member of the Bank of England's Monetary Policy Committee (MPC), May 2020.

See also