User:Nick Gardner /Sandbox: Difference between revisions
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imported>Nick Gardner (Replacing page with 'NRSO Nationally recognized statistical rating organization a credit rating agency which issues credit ratings that the U.S. Securities and Exchange Commission (SEC) permits ot...') |
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Where a company issues | |||
a credit rating | fixed income securities to be traded on a public market, the issuer may ask a CRA to provide | ||
a credit rating for those securities to make them more marketable. In many cases, potential | |||
investors may expect an issuer or security to be covered by several CRAs. Investors also | |||
may operate under guidelines or legal requirements that prohibit the investor from holding a | |||
debt security that is not rated at or above a certain level by one or more CRAs | |||
Revision as of 06:04, 28 February 2010
Where a company issues fixed income securities to be traded on a public market, the issuer may ask a CRA to provide a credit rating for those securities to make them more marketable. In many cases, potential investors may expect an issuer or security to be covered by several CRAs. Investors also may operate under guidelines or legal requirements that prohibit the investor from holding a debt security that is not rated at or above a certain level by one or more CRAs