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Baa3

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Baa3
A credit rating used by Moody's credit agency for long-term bonds and some other investments. A Baa3 rating represents a relatively low-risk bond or investment; banks are allowed to invest in Baa3 rated bonds. However, Baa3 is at the bottom of investment-grade bond ratings, being only one grade above junk bond ratings. Risk-averse investors must therefore exercise caution in Baa3 investments, especially if the rating was recently downgraded. It is a subdivision of a Baa rating.


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ADPnews) - Jun 18, 2010 - Moody's has corrected the ratings on two senior debt securities of lender Kommunalkredit Austria AG to Baa1 from Baa3 correcting an administrative error.
Moody's has placed the Baa3 long-term and the Prime-3 short-term foreign currency deposit ratings as well as the D+ bank financial strength rating (BFSR) of United Gulf Bank (UGB) on review for possible downgrade.
Eurobank EFG, which runs the Bulgarian PostBank, saw its credit rating reduced from Baa3 to Ba1.
 
 
 
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