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 ?
As Barbarian Jack Gage - the renowned Irish and South African three-quarter - would sum it up in his later years: "Above all there was this great spirit of friendship among ourselves and with our Welsh hosts - they really loved the Baa Baas."
Through the 70 years that Micky Steele-Bodger served the Baa Baas, players revelled in expressing flair as well as friendship.
And the Baa Baas have given Welsh players glories they may not have enjoyed in the red jersey - as Jamie Roberts discovered in 2009 when he crowned what he described as "one of the best weeks of my life" with a precious victory over the All Blacks.
As Barbarian Jack Gage -- the renowned Irish and South African three quarter -- would sum it up in his later years: "Above all there was this great spirit of friendship among ourselves and with our Welsh hosts -- they really loved the Baa Baas."
The Baa Baas shirt inspires artistry in every player -- even the front rowers.