A junk bond rating assigned to fairly speculative debt instruments. A C rating indicates an opinion that the issuer has the current capacity to meet the debt obligation, but investors face notable risk if business, financial, or economic conditions change measurably. bond investors rely on bond ratings from organizations like Standard and Poor's, Moody's Investors Service, and Fitch ratings to evaluate the default risk associated with both corporate and municipal bonds. Compare to investment Grade.
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Bond Market Association (BMA)
single entry bookkeeping
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