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Standard and Poor's

The Standard and Poor's Corporation (also: S&P), a subsidiary of McGraw-Hill[?], is a company that performs financial research and analysis. It is best known for its S&P 500 stock market index. The company also ranks the credit-worthiness of borrowers using a standardized ratings scale.

The basic ratings are:

AAA
AA
A
BBB
BB
B
CCC
CC
C
CI = past due on interest
D = default
NR

Ratings below BBB are non-investment grade junk bonds.

External Links

Standard and Poor's website (http://www.standardandpoors.com)

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