nonrated 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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The EUR 500 million non-rated bond matures in 2019 and has a coupon of 2.
Lanford: So, when you've got a non-rated bond the individual customer should look for coverage or what collateral is behind that particular debt relative to the safety of that instrument.
Risky assets, including stocks, property, and non-investment-grade and non-rated bonds, represented about 69% of adjusted equity, generally in line with Fitch's median ratio for an 'AA' IFS Rating.
A partially offsetting rating factor is the increased investment risk derived from higher exposure to non-rated bonds.
Consequently, bond insurers limit the amount of lower-rated or non-rated bonds they will underwrite.

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