Bond Markets

split rating

sinking rating

automated rating

floating rating

3800

2800

4800

5800

position in industry

overall financial strength

issuer’s profitability and liquidity

all of the above

annually

semiannually

monthly

quarterly

corporate markets

treasury markets

bond markets

municipal markets

most lowest

most highest

least lowest

least highest

highly risky and higher yields

highly risky and lower yields

less risky and higher yields

less risky and lower yields

not be paid

be paid

be sold

not be sold

investment banks

commercial banks

euro transfer agencies

currency deposit banks

contraction mortgages

bonds and mortgages

expansion bonds

expansion mortgages