Moody's: Sovereign Ratings List
Moody's: Sovereign Ratings
| Grade | Moody's |
|---|---|
| Prime | Aaa |
| High grade | Aa1 |
| Aa2 | |
| Aa3 | |
| Upper medium grade | A1 |
| A2 | |
| A3 | |
| Lower medium grade | Baa1 |
| Baa2 | |
| Baa3 | |
| Non-investment grade speculative | Ba1 |
| Ba2 | |
| Ba3 | |
| Highly speculative | B1 |
| B2 | |
| B3 | |
| Substantial risks | Caa1 |
| Caa2 | |
| Caa3 | |
| Extremely speculative | Ca |
| In default with little prospect for recovery | |
| In default | C |
| Not rated | WR |
| Grade | Moodys |
|---|---|
| High grade | P-1 |
| Upper medium grade | P-1 |
| Lower medium grade | P-2 |
| Non-investment grade speculative | P-3 |
| Highly speculative | |
| Extremely speculative | NP |