USE OF SYMBOLS in credit rating

The sign of + (plus) or – (minus) with  rating symbols indicates their relative position within the rating categories concerned.

Plus sign to distinguish the strongest credits in that category.

yes u r correct A instument with "AA -" rating is stonger than rating in a lower category such as "A +".

for eg.

Standard & Poor's investment grade ratings in order from the highest to the lowest are: AAA, AA+, AA, AA-, A+, A, A-, BBB+, BBB and BBB-.

Standard & Poor's non-investment grade ratings in order from the highest to the lowest are: BB+, BB, BB-, B+, B, B-, CCC+, CCC, CCC- CC, C, D and SD.

Thanks very much  Richa mam for ur reply and explanation.......

Originally posted by : CS Richa Sharma
	Standard & Poor's investment grade ratings in order from the highest to the lowest are: AAA, AA+, AA, AA-, A+, A, A-, BBB+, BBB and BBB-. Standard & Poor's non-investment grade ratings in order from the highest to the lowest are: BB+, BB, BB-, B+, B, B-, CCC+, CCC, CCC- CC, C, D and SD.

CORRECT...

Dear Jeet, would request you to check some available red herring prospectus on internet and read the comment given by the credit rating agencies like CRISIL etc....this will help you to understand the concept in a bit practical way....search google for RHPs.

All the Best

Thanks Ankur sir........ i will try to google this ..........