What's Moody's rating? What's its rating?

Moody's rating is a bond credit rating service provided by Moody's Investors Service Company. Moody's Investors Service Company is the world's leading credit rating agency, which specializes in evaluating the credit status of bond issuers (such as governments, companies or other institutions) and giving corresponding credit ratings. These credit ratings reflect the ability of bond issuers to repay the principal and interest on time, which is of great significance for investors to understand bond risks and make investment decisions.

Moody's rating is mainly divided into two parts: long-term credit rating and short-term credit rating.

1. Long-term credit rating: it mainly evaluates the long-term ability of bond issuers to repay debts. Moody's long-term credit rating is divided into the following levels:

-Aaa: The highest credit rating indicates that the bond issuer has strong solvency and extremely low default risk.

-Aa: The credit rating is very high, indicating that the bond issuer has strong solvency and low default risk.

-A: A high credit rating means that bond issuers have good solvency and low default risk.

-Baa: The credit rating is moderate, indicating that the bond issuer has moderate solvency and moderate default risk.

-Ba: Low credit rating means that bond issuers have weak solvency and high default risk.

-B: A low credit rating means that bond issuers have poor solvency and high default risk.

-Caa: Poor credit rating means that bond issuers have poor solvency and high default risk.

-Ca: The credit rating is extremely poor, indicating that the bond issuer is close to default and the default risk is extremely high.

-C: The lowest credit rating means that the bond issuer has defaulted and cannot repay its debts.

2. Short-term credit rating: It mainly evaluates the ability of bond issuers to repay the principal and interest in a short period of time (usually 1-3 years). Moody's short-term credit rating is divided into the following grades:

-P- 1: The highest credit rating indicates that the bond issuer has strong short-term debt repayment ability and extremely low default risk.

-P-2: A high credit rating means that bond issuers have a strong ability to repay short-term debts and a low risk of default.

-P-3: The credit rating is moderate, indicating that the bond issuer has a moderate short-term debt repayment ability and a moderate default risk.

-N: Not rated, which means that Moody's has not rated the short-term debt capacity of bond issuers.

It should be noted that the credit rating is not static. Moody's Investors Service Company will adjust the credit rating regularly or irregularly according to the financial status, business performance and industry environment of the bond issuer. Therefore, investors should pay attention to the latest changes in credit rating.