投資級評等

評等

解釋

AAA/Aaa

最高品質，非常強，非常不可能受到可預見事件的影響(Highest quality; extremely strong, highly unlikely to be affected by foreseeable events.)。

AA/Aa

非常高品質，還款能力不會受到可預見事件的傷害(Very high quality; capacity for repayment is not significantly vulnerable to foreseeable events.)。

A/A

強的付款能力，較可能受到經濟環境變動的影響(Strong payment capacity; more likely to be affected by changes in economic circumstances.)。

BBB/Baa

合適的付款能力，環境的負面變動可能影響還款能力(Adequate payment capacity; a negative change in environment may affect capacity for repayment.)。

低於投資級評等

評等

解釋

BB/Ba

被視為投機，有信用風險的可能(Considered speculative with possibility of developing credit risks.)。

B/B

被視為非常投機，有重大信用風險(Considered very speculative with significant credit risks.)。

CCC/Caa

被視為高度投機，有潛在信用風險(Considered highly speculative with substantial credit risks.)。

CC/Ca

可能破產或極度投機(Maybe in default or wildly speculative.)。

C/C/D

破產或違約(In bankruptcy or default.)。