Nonrated


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Nonrated

A bond that has not been rated by a large rating agency, usually because the issue is too small.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Investment grade is only 15% of the market, and nonrated securities have surged to over 60% of the market, and because of that, it's been very difficult for insurance companies and other institutional investors to invest in the asset class.
where [n.sub.0] is the rated pump speed and n is the pump speed under nonrated conditions.
The power production of a wind turbine is associated with one of the two nonzero regions of the power curve: the nonrated region for wind speeds between the cut-in speed [v.sub.C] and the rated speed [v.sub.R] or the rated region for wind speeds between the rated speed and the furling (or cut-out) speed [v.sub.F].
As an 85-year-old, it is obvious to me that every rated and nonrated team will use the rush against the Ducks from now on.
Various major command-level commanders, and certain branch chiefs, may award flight status to nonrated Army aviation personnel, depending on the type of duty to be performed by the nonrated personnel.
To fulfill this clinical requirement, the best option is to assign Army nurses to medical evacuation helicopter units as nonrated members * of flight crews.
Additionally, numerous reports continually update statistics that show green advantages, including data reporting that commercial buildings with LEED or Energy Star ratings command a rent premium of 4 to 5 percent over nonrated buildings (University of California, Berkeley, 2011) and that transaction prices for buildings with a LEED rating were 25 percent higher than non-LEED buildings and 26 percent higher for buildings with an Energy Star rating than non-Energy Star buildings (Fuerst and McAllister, 2011).
According to their statistics, for prime office buildings with an energy rating of four to five stars, the average vacancy rate is 40 basis points below their nonrated peers, with a 5 star rating delivering the optimum return.
He made colonel in less than 15 years, as a nonrated maintenance officer.
Delta-Therm nonrated and Class I rigid foam systems and Flexipol pour and spray foam systems are for applications such as reach-in coolers and freezers, display cases, flotation, ice machines, construction panels, refrigerated trucks, and picnic coolers.
We exclude perpetual bonds, nonrated bonds, bonds with credit enhancements, and bonds issued by subsidiaries of parent companies.
The USAF should recruit nonrated company-grade officers with CE and EE degrees for development into cyber officers through advanced graduate education and specialized DoD organic training.