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non-investment grade

A bond rating that signifies low credit quality with a relatively high risk of defaulting. Ratings of 'BB', 'B', 'CCC', etc. are usually considered of low credit quality. Also called junk bonds.

Related information about non-investment grade:
  1. Investment Grade Definition | Investopedia
    A rating that indicates that a municipal or corporate bond has a relatively low risk of default. Bond rating firms, such as Standard & Poor's, use different ...
     
  2. What does investment grade mean?
    Jan 17, 2007 ... Anything below this 'BBB' rating is considered non-investment grade. If the company or bond is rated 'BB' or lower it is known as junk grade, ...
     
  3. Bond credit rating - Wikipedia, the free encyclopedia
    Baa1, BBB+, BBB+, Lower medium grade. Baa2, P-3, BBB, A-3, BBB, F3. Baa3, BBB-, BBB-. Ba1, Not prime, BB+, B, BB+, B, Non-investment grade speculative ...
     
  4. non-investment-grade debt - Invest Definition
    non-investment-grade debt definition: Low-quality notes or bonds that may be in danger of default because of the relatively high levels of debt that the issuing ...
     
  5. High Yield Bonds - Non-Investment Grade Bonds - Fidelity
    Benefits, risks, and features of high yield / non-investment grade bonds from Fidelity.
     
  6. The Curse of Non-Investment Grade Countries
    "The Curse Of Non-Investment Grade Countries," Journal of Development Economics, 2002, v69(2,Dec), 423-449. This paper is available as PDF (1335 K) or via ...
     
  7. Non-Investment Grade Debt - The Free Dictionary
    Noun, 1. high-yield bond - a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with ...
     
  8. Non-Investment Grade Bonds (Unsecured Debentures) - wikiCFO
    May 19, 2009 ... A non-investment grade bond, also called a speculative bond, a high yield bond, an unsecured debenture, or a junk bond, is a bond that is ...