The rating agency process whereby the credit ratings on issues are moved up or down from the

Question:

The rating agency process whereby the credit ratings on issues are moved up or down from the issuer rating best describes:

A. Notching.

B. Pari passu ranking.

C. Cross-default provisions.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

Question Posted: