Bond credit rating for Trader

In investment, the bond credit rating assesses the credit worthiness of a corporation's debt issues. It is analogous to credit ratings for individuals and countries. The credit rating is a financial indicator to potential investors of debt securities such as bonds. These are assigned by credit rating agencies such as Moody's, Standard & Poor's, and Fitch Ratings to have letter designations (such as AAA, B, CC) which represent the quality of a bond. Bond ratings below BBB/Baa are called junk bonds

Moody's		S&P		Fitch
Long-term	Short-term	Long-term	Short-term	Long-term	Short-term
Aaa	P-1	AAA	A-1+	AAA	F1+	Prime
Aa1		AA+		AA+		High grade
Aa2		AA		AA
Aa3		AA-		AA-
A1		A+	A-1	A+	F1	Upper medium grade
A2		A		A
A3	P-2	A-	A-2	A-	F2
Baa1		BBB+		BBB+		Lower medium grade
Baa2	P-3	BBB	A-3	BBB	F3
Baa3		BBB-		BBB-
Ba1	Not prime	BB+	B	BB+	B	Non-investment grade speculative
Ba2		BB		BB
Ba3		BB-		BB-
B1		B+		B+		Highly speculative
B2		B		B
B3		B-		B-
Caa1		CCC+	C	CCC	C	Substantial risks
Caa2		CCC				Extremely speculative
Caa3		CCC-				In default with little prospect for recovery
Ca		CC
		C
C		D	/	DDD	/	In default
/				DD
/				D

Credit rating agencies

In the United States of America, there are eight rating agencies that have received the Nationally Recognized Statistical Rating Organization (NRSRO) designation, and are overseen by the SEC in their assignment of credit ratings: Standard & Poor's (S&P), Moody's, Fitch Ratings, A. M. Best, Egan-Jones Rating Company (also known as EJR), Japan Credit Rating Agency, Ltd., Ratings and Investment Information, Inc. and Dominion Bond Rating Service. S&P, Moody's, and Fitch are far larger than Japan CRA, R&I, A.M. Best, EJR, and Dominion, and dominate the market with approximately 90-95 percent of world market share.