Rating Symbols and Definitions for Long Term Structured Finance Instruments

Long term structured finance instruments: The instruments with original maturity exceeding one year

Infomerics’ Long Term Structured Finance Instruments Rating Scale

 

  Rating Symbol   Rating Definition

IVR AAA (SO)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

IVR AA (SO)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

IVR A (SO)

Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

IVR BBB (SO)

Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

IVR BB (SO)

Instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.

IVR B (SO)

Instruments with this rating are considered to have high risk of default regarding timely servicing of financial obligations.

IVR C (SO)

Instruments with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.

IVR D (SO)

Instruments with this rating are in default or are expected to be in default soon.