Ba3

Definition:

The third highest rating of speculative grade Moody's Long-term Corporate Obligation Rating. Obligations rated Ba1 are judged to have speculative elements and are subject to substantial credit risk. Rating one notch higher is Ba2. Rating one notch lower is B1

Nearby Terms

Ba1 Ba2 Ba3 Baa1 Baa2

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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Tandem programs

Ginnie Mae mortgage funds provided at below-market rates to residential MBS buyers with FHA Section 203 and 235 loans and to developers of multifamily projects with Section 236 loans initially and... Read More

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