Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,589,791,640 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Crossover Credit

    0.01 sec.
Crossover Credit
A situation in which a bond is speculative grade but very close to investment grade or vice versa. It often refers to a split rating in which one credit rating agency gives the bond an investment grade rating and another gives it a junk rating. Generally speaking, regulators require bonds to receive investment grade ratings from two different agencies. Thus, crossover credit is often not strong enough to allow banks to invest in them.
crossover credit
Of or relating to a bond that straddles the gap between investment-grade and speculative. Crossover credits are generally rated low investment-grade by one rating agency and upper-grade speculative by another rating agency. See also split rating.
How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
Brownstone Investment Group, LLC, trades and invests in High Yield, Distressed, and Crossover Credits.
Facelift breathes new life--and tenants--into 655 Third by Real Estate Weekly
Since Presley was the quintessential crossover artist--moving effortlessly and successfully from rock to blues to country to gospel--there is no reason to deny him a classical crossover credit.
What I think about crossover music by Kaptainis, Arthur / Opera Canada
LONDON & NEW YORK -- International Index Company, the manager of the iTraxx bond indices, has amended its rules governing the iTraxx Europe and Crossover Credit Default Swap Indices with a view to ensure that they incorporate and reflect changes in the market environment.
Fitch Incorporated into iTraxx Credit Default Swap Indices by Business Wire
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.