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Nonrated Bonds
(redirected from Non-Rated Bonds)

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Nonrated Bonds
Bonds with issuers that have not received a credit rating from one or more of the major credit rating agencies. A bond may be nonrated for a number of reasons, including simply not wishing to pay the fee to the credit rating agency. A nonrated bond is not necessarily risky, but they cannot be investment-grade.

nonrated bonds
See not rated.


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Consequently, bond insurers limit the amount of lower-rated or non-rated bonds they will underwrite.
Investors should not automatically equate non-rated bonds with high-risk because many of these bonds are of good credit quality.
Both the District's insured and non-rated bonds were well received by investors," added Jim Cervantes, a Managing Director at Stone & Youngberg, the financing's underwriter.
 
 
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