1. Highest rating: usually rated by international rating agencies such as S&; P) and Moody's stand for the lowest default risk. Such as S &；; The highest rating of Standard & Poor's is Aaa, and Moody's is AAA.
2. High rating: It is also considered as a rating with low default risk, which usually means high debt quality. Such as S &；; P's advanced rating includes Aa, A and BBB, and Moody's advanced rating includes AA, A and Baa.
3. Medium rating: it represents medium default risk, and the rating is at a medium level. Such as S &；; P's intermediate rating includes BB, B and CCC, and Moody's intermediate rating includes Ba, B and Caa.
4. Low rating: it represents high default risk, and this rating is usually called "junk bonds" or "non-investment-grade bonds". Such as S &；; P's low-level ratings include CC, C and D, and Moody's low-level ratings include Ca, C and D. ..
Matters needing attention in debt rating
1. Reputation of rating agencies: Understand the reputation and reputation of rating agencies. The major rating agencies in the world include Standard & Poor's, Moody's and Fitch, and their ratings are more credible and widely recognized in the market.
2. Rating standards and methods: Different rating agencies may use different rating standards and methods. Understand the rating process and standards of rating agencies in order to better understand their rating results and significance.
3. Comprehensive reference to multiple rating agencies: Comprehensive reference to the rating reports of multiple rating agencies to avoid relying solely on the rating of a single agency. Only in this way can we get a more comprehensive and objective evaluation.