Issuer Moody's rating (long-term)

What is it?

The Moody's issuer long-term rating reflects Moody's opinion of an issuer's ability to meet its long-term senior unsecured debt obligations. It is assigned at the issuer level and covers obligations with an original maturity of one year or more.

Rating scale

RatingDescription
AaaHighest-quality credit; the lowest level of credit risk.
Aa1, Aa2, Aa3High-quality credit with very low credit risk.
A1, A2, A3Upper-medium-grade credit with low credit risk.
Baa1, Baa2, Baa3Medium-grade credit with moderate risk and some possible speculative characteristics.
Ba1, Ba2, Ba3Speculative credit with substantial credit risk.
B1, B2, B3Speculative credit with high credit risk.
Caa1, Caa2, Caa3Poor-standing speculative credit with very high credit risk.
CaHighly speculative; default is likely or very near, but some recovery may remain.
CLowest rating category; typically in default, with little expected recovery.
NRNo Moody's rating is assigned.

Why is it important?

  • Provides a standardized long-term view of issuer creditworthiness from Moody's, one of the three major global rating agencies.
  • Enables comparison of Moody's, S&P, and Fitch issuer ratings on a single platform.
  • Helps investors assess the relative credit risk of bond issuers when building or evaluating fixed-income portfolios.
  • Available as a column and filter in the Bond Screener for registered users.