Baa3

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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Moody's Investors Service has today affirmed Turkey's Baa3 government debt and issuer ratings and maintained the negative outlook.
Bank of Cyprus announced that retained mortgage covered bonds have become eligible assets for Eurosystem credit operations, following a rating upgrade to Baa3 from B1 by Moody's Investors Service.
Our positive rating outlook for India reflects our view that the probability has now increased that over the next 12- 18 months India's sovereign credit fundamentals will improve to levels consistent with a rating higher than its current Baa3 rating.
Moody's Investors Service has affirmed the Baa3 long-term issuer rating of DP World as well as the Ba1 corporate family and Ba1-PD probability of default rating of Jebel Ali Free Zone (Jafza) with outlook on all ratings remaining stable.
Moody's Investors Service has changed to stable from negative the outlook on Kuwait Projects Company (KIPCO)'s Baa3 long-term issuer rating and P-3 short-term issuer rating.
Global Banking News-August 21, 2013--Moody's affirms Baa3 sovereign rating on India(C)2013 ENPublishing - http://www.
have obtained an investment-grade credit rating of Baa3 from
MADRyD (CyHAN)- Moody's Investors Service has retained Spain's government bond rating at Baa3, the agency reported on Wednesday.
TUNIS (TAP)- Moody's Investors Service has kept the investment rating of Tunisia, that is Baa3 with negative outlook reflecting, it says, the country's moderate economic, institutional and financial strength.
GELF was assigned a first-time issuer rating of Baa3 with a "stable outlook".
These actions follow Moody's downgrade on November 4 of the Cypriot government bond rating by two notches to Baa3 (on review for possible further downgrade) from Baa1.
Moody's has today also downgraded the country ceiling for foreign currency bonds to Ba1 from Baa3 and the country ceiling for foreign currency bank deposits to B1 from Ba3.