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A1

Definition:

The fifth highest rating in Moody's Long-term Corporate Obligation Rating. Obligations rated A1 are considered upper-medium grade and are subject to low credit risk. Rating one notch higher is Aa3. Rating one notch lower is A2

Nearby Terms

A A paper A1 A2 A3

Investing Essentials


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

Term of the Day

Price value of a basis point (PVBP)

Also called the dollar value of a basis point; a measure of the change in the price of a bond if the required yield changes by one basis point.

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