Identification
- Label (rdfs)
- Speculative Grade
- Preferred Label
- Junk Bond
- Alternative Labels
- High-Risk Bond, High-Yield Debt, Junk Grade, Non-Investment Grade
- Identifier
- N/A
Definition and Examples
- Definition
- Speculative Grade refers to a category of credit rating that indicates a higher risk of default, making the debt securities less suitable for conservative investors. These ratings are assigned by credit rating agencies and generally include ratings below BBB on the Standard & Poor's and Fitch scales, and below Baa3 on the Moody's scale.
- Examples
-
- B Rating
- BB Rating
- C Rating
- CC Rating
- CCC Rating
- D Rating