Here's what the credit rating means for corporate and government bonds, and what each credit tier, from AAA to D, tells you about an individual bond. On the contrary, if rated lower on the respective Fitch Ratings Inc. is an American credit rating agency and is one of the "Big Three credit rating agencies", the other two being Moody's and Standard & Poor's.It is one of the three nationally recognized statistical rating organizations designated by the U.S. Securities and Exchange Commission in 1975. Investment grade: Moody's: The fitch sheet shows a variety of transaction details, including the price, volume, time of Fitch Sheet: A data sheet containing historical listings of trades for a security. The lowest investment-grade rating is Baa3. **Non-investment grade categories ratings that are speculative. Bonds with a rating of BBB- (on the Standard & Poor's and Fitch scale) or Baa3 (on Moody's) or better are considered "investment-grade." It manages assets valued at 10.1bn as of the end of 2021 financial year. Long-Term Issuer Credit Rating Scale *Investment-grade categories ratings that reflect a relatively low risk of default. Investment grade. See My Options Sign Up However, all rating systems classify bond investments by quality grade (investment grade/non-investment grade/not rated) and risk Moodys is another credit and bond rating agency accredited by NRSRO. The highest speculative-grade rating is Ba1. The Definitive Voice of Entertainment News Subscribe for full access to The Hollywood Reporter. Ratings agencies like Moodys and Standard & Poor use various CRM techniques to evaluate the credit risk of investing in thousands of corporate and state-backed bonds on a continual basis. (Moody-s rating scales) Moodys ratingsAmerican firmDate of foundation : 1900Turnover: 4.2 billion USDNet income : 1 billion USDTotal staff: 12 300 staff members worldwidePresence in 42 countriesMarket share: 40%Moodys rating scaleMoodys rating scale, which ranges from a maximum Aaa to a minimum C, consists of 21 notches and two categories:Invest The next day, as feared, Moody's lowered Enron's credit rating from Baa1 to Baa2, two levels above junk status. Ratings assigned on Moodys global long-term and short-term rating scales are forward-looking opinions of the relative credit risks of financial obligations issued by non-financial corporates, financial institutions, structured finance vehicles, project S&P vs. Fitch vs. Moody's Investment Grade; Standard & Poor's / Fitch Moody's Meaning; AAA: Aaa: Premium: AA+: Aa1: High Grade: AA: Aa2: High Grade: AA-Aa3: Moodys. The two most common rating scales by Fitch Ratings are their (1) long-term issuer credit rating scale and (2) short-term issuer credit rating scale. Be A bond is considered investment grade or IG if its credit rating is BBB or higher by Fitch Ratings or S&P, or Baa3 or higher by Moody's, the so-called "Big Three" credit rating agencies.Generally they are bonds that are judged by the rating agency as likely enough to meet payment obligations that banks are allowed to invest in them. It is divided into two sections, investment grade and speculative grade. Ratings assigned on Moodys global long-term and short-term rating scales are forward-looking opinions of the relative credit risks of financial obligations issued by non-financial corporates, financial institutions, structured finance vehicles, project Standard & Poor's affirmed Enron's rating of BBB+, the equivalent of Moody's Baa1. The rating scale, running from a high of Aaa to a low of C, comprises 21 notches. Overview and Key Difference 2. 1. The Church Commissioners was assigned the first-time grade with Moodys highlighting its sound investment management, strong liquidity and minimal leverage, and excellent standards of governance and financial strategy. Bonds with lower ratings are considered "speculative" and often referred to as "high-yield" or "junk" bonds. For example, if an S&P and Fitch bond rating for a particular debt security is BBB- and a Moodys bond rating for the same is Baa3, the bond is an investment-grade bond involving lower risk. Moodys Rating Scale Aaa Aa1 Aa2 Aa3 A1 A2 A3 Baa1 Baa2 Baa3 Ba1 Ba2 Ba3 B1 B2 B3 Caa1 Caa2 Caa3 Ca C Non-Investment Grade Investment Grade Asia Pacific Offices Business Development www.moodys.com Client Services Affiliates Hong Kong Phone: +852 2916 1121 mdyasiainfo@moodys.com Singapore Phone: +65 6398 8308 Investment grade is determined based on a relative scale by credit rating agencies such as Standard & Poor's and Moody's. For other debt instruments, such as bonds, investors will also assess risk, often by reviewing its credit rating. CONTENTS. The key difference between Moodys and S&P ratings is that Moodys ratings is the standardized ratings scale the company uses to assess the creditworthiness of borrowers by Moodys Investors Service whereas S&P ratings is a similar rating system offered by Standard & Poors Financial Services. Get the latest headlines on Wall Street and international economies, money news, personal finance, the stock market indexes including Dow Jones, NASDAQ, and more.