BBB-

(redirected from Triple B Minus)

BBB-

A credit rating used by the S&P and Fitch credit agencies for long-term bonds and some other investments. It is equivalent to the Baa3 rating used by Moody's. A BBB- rating represents a relatively low-risk bond or investment; banks are allowed to invest in BBB- rated bonds. However, it is the very bottom of investment-grade bond ratings, and is only one grade above a junk bond rating. Risk-averse investors must therefore exercise caution on BBB- investments, especially if the rating was recently downgraded.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Ratings on the international scale have been reaffirmed with local currency ratings at 'BBB/A3' (Triple B / A Three) and foreign currency assessment at 'BBB-/A3' (Triple B Minus / A Three).
KARACHI -- JCRVIS Credit Rating Company Limited has revised the Fund Stability Rating (FSR) of KASB Income Opportunity Fund (KIOF) from 'BBB(f)' (Triple B Minus (f) to 'BB+(f) (Double B Plus).
Long-term Facilities 85.0 'CARE BBB-' (Triple B minus) Retained
Long term/Short term facilities 20.0 'CARE BBB-' (Triple B minus) Retained
Long/Short-term Bank Facilities 3.50 'CARE BBB-' / 'PR3' (Triple B Minus / PR Three) Assigned
Long term/short term facilities 23.8 'CARE BBB- /PR3' (Triple B minus /PR three) Retained
Long-term Bank Facilities 369.9 (enhanced from 94.45) 'CARE BBB-' (Triple B Minus) Retained
Long-term Bank Facilities 31.20 Rs.crore 'CARE BBB-' (Triple B Minus)