non-investment grade

What is non-investment grade?

non-investment grade meaning in finance or bond terminology / glossary / dictionary is:
Bonds not considered suitable for preservation of invested capital; ordinarily, those rated Baa3 or below by Moody?s Investors Service, or BBB- or below by Standard & Poor?s Corporation. Bonds that are non-investment grade are also called high-yield bonds.

 

reference: Investinginbonds.com

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