Aside from AGO, all are at
junk credit levels.
Aside from AGO, all are at
junk credit levels.
Not exact matches
Beyond the requirements that liquidity and regulators impose on us, we will purchase currency - related securities only if they offer the possibility of unusual gain — either because a particular
credit is mispriced, as can occur in periodic
junk - bond debacles, or because rates rise to a
level that offers the possibility of realizing substantial capital gains on high - grade bonds when rates fall.
Standard and Poor's joined Moody's Investors Service in dropping Rockland County's
credit rating
level on Friday, June 29, putting the county at just above
junk status.
Created by the state in 2000 in reaction to Nassau's 1999 fiscal crisis, in which the county's
credit rating dropped to near
junk levels.
High - yield bonds (also known as «
junk bonds») may be subject to greater
levels of interest rate,
credit, and liquidity risk than investments in higher rated securities.