Issue Credit Rating

From Open Risk Manual

Definition

Issue Credit Rating. The Creditworthiness of the overall issue as determined by a Credit Rating Agency.

For a tranched security issue, there is a Credit Rating for the overall issue as well as a different ratings for each tranche. The rating for the individual tranche is covered as the term Instrument Credit Rating since each tranche is an individual instrument (contract).

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.