Description
Debt instruments the agencies rate may include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collateralized securities, such as mortgage-backed securities and CDOs.
Credit Rating Agencies: An Alternative Model
Pragyan Deb† and Gareth Murphy‡ November...
Description
A corporate bond is a bond issue by a corporation. It is a bond that a corporation issues to raise money effectively in order to expand its business.[1] The term is usually applied to longer-term debt instruments, generally with a maturity date falling at least a year after their...