Fixed Income Q125
0. Which of the following statements is most accurate?
- A
The issuer rating applies to all of an issuer’s bonds, whereas the issue rating considers a bond’s seniority ranking.
- B
The issuer rating is an assessment of an issuer’s overall creditworthiness, whereas the issue rating is always higher than the issuer rating.
- C
The issuer rating is an assessment of an issuer’s overall creditworthiness whereas the issue rating considers a bond’s seniority ranking.
- Option : C
- Explanation : The issuer rating is an assessment of an issuer’s overall credit worthiness whereas the issue rating considers a bond’s seniority ranking.
