Baa


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Baa

A credit rating used by Moody's credit agency for long-term bonds and some other investments. It is subdivided (in descending order) into Baa1, Baa2, Baa3. A Baa rating is equivalent to the BBB rating range used by Fitch and S&P. A Baa rating represents a relatively low-risk bond or investment; banks are allowed to invest in Baa rated bonds. However, Baa is toward the bottom of investment-grade bond ratings, being only one grade above junk bond ratings. Risk-averse investors must therefore exercise caution in Baa investments, especially if the rating was recently downgraded.

Baa

See BBB.
References in periodicals archive ?
In 2011, as the Baa Baas faced Wales, Micky brought them back to Penarth, holding an open training session to mark the relationship with their spiritual home -- a connection that stretched back to the start of the 20th century.
Irish Baa Baa Noel Murphy senior - a cattle-dealer from Cork - just couldn't leave the day job behind when he came to Penarth: "Jimmy and I were taking a stroll on the Promenade before going to bed when we saw, to our great astonishment, a cow, yes, a real live cow, taking her constitutional on the sameself Promenade.
On one hand, BAA vice president, Kenneth Kikwe, pointed an accusing finger to BNSC, saying the BAA submitted its budget to BNSC in April.
The title BAA plc was adopted when the former publically-owned British Airports Authority was privatised in 1986.
BAA mounted a series of legal challenges to the CC ruling, with the latest one - against the sale of Stansted - ending in defeat at the High Court in July this year.
Around 10,200 people work at the site, of whom some 1,400 are BAA employees.Country: UKSector: Air TransportTarget: Stansted Airport LimitedVendor: BAA Airports LimitedType: DivestmentStatus: Auction
A BAA spokeswoman said: "We are disappointed by the decision of the Competition Appeal Tribunal, which we will now carefully consider before making any further statements."
BAA chief executive Colin Matthews welcomed the move and said the firm would now get on with selling Glasgow or Edinburgh.
The move is another headache for BAA after the Competition Commission last week ploughed ahead with plans to force BAA to sell Stansted, as well as Edinburgh or Glasgow airport.
The deal is an increase on BAA's previous offer of a 1% rise plus an extra 0.5% conditional on changes to sickness agreements.
Airport operator BAA Limited announced today that it is selling its stake in The Airport Property Partnership (APP) to SEGRO plc (LSE:SGRO) for GBP244m.
BANKING AND CREDIT NEWS-21 April 2010-Fitch says BAA Funding's notes intact by volcano disruptions(C)1994-2010 M2 COMMUNICATIONS http://www.m2.com