投资级别的中文解释

BBB-/Baa3或以上的信贷评级统称为投资级别. 债券的信贷评级若跌至投资级别以下,就会成为俗称的"垃圾债",代表信用违约风险大幅上升. 因为不少机构投资者出于风险考虑而不能投资垃圾债,投资级别的债券若沦为垃圾债,往往会遭大幅拋售. 拥有投资级别评等的发债人,其融资成本会显著低于"垃圾债级别"的发行人.

Investment Grade的英文解释

Bonds considered to be safe investments. They carry credit ratings of BBB/Baa or above from the credit rating agencies, who do not consider the issuers likely to default.