Quis custodiet ipsos custodes
- 11 January 2016
Sadly and unfairly, as a retail investor, Credit Agencies will not release the ratings for individual companies. (a good OTC broker will help clarify their research but can't technically hand it to you in print ).In terms of risk rating, Government bonds are rated the safest as they are unlikely to defaucompanies. lt .....hen comes Corporate bonds such as those offered by banks ... but still investment grade.
It goes all the way down to 'Speculative' area or as the American's refer to as 'Junk Bonds', where the "Credit Default" risk increases the lower you go...
Most solid long term corporates sit as investment grade at BBB or higher but very few make the cut to the A league. As alluded to by aus trader, governments have a way to meet obligations - it's called taxation !
And remember, anything labelled High Yield as a sub category is "non investment grade" & really just JUNK
"How did you go bankrupt?"
"Two ways. Gradually, then suddenly.”
― Ernest Hemingway, The Sun Also Rises