municipal bond rating services
Not what you're looking for?
What are the main criticisms that have been levelled against municipal bond rating services? What are the advantages and disadvnatages of replacing the present services with one done by a Federal agency?
Purchase this Solution
Solution Summary
Municipal bond rating services are assessed.
Solution Preview
First let us begin by defining what a municipal bond is. Municipal bonds are are debt obligations of state and local governments. Moody's classifications signify the following: Aaa -best quality; Aa -high quality; A -upper medium grade; Baa -medium grade (some speculative characteristics); Ba -characterized by uncertainty; B -lacks characteristics of desirable investments; Caa -poor standing; Ca -speculative to a high degree; C -lowest rated class of bonds.
<br>
<br>http://invest-faq.com/articles/bonds-moody-ratings.html
<br>
<br>The two main bond rating firms are Moody's and Standard and Poors--the ratings provided are bases on the creditworthiness of the issuer. Note: bond rating are concerned ONLY with the possibility of default. Municipal bonds are rated in the same manner as corporate bonds because they have varying ...
Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.