What Type of Risk Is Being Rated When Bond Agencies

question 12

Essay

What type of risk is being rated when bond agencies assign ratings to outstanding debt? What are the two main reasons for having bond agencies rate bonds?

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Definitions:

Female Contrabands

Refers to women and girls who escaped slavery and sought protection behind Union lines during the Civil War.

Susi King Taylor

An African-American teacher and nurse who served as a teacher for freed African-Americans during and after the American Civil War.

Reminiscences

Refers to the act of recalling past experiences or events, usually imbued with a sense of nostalgia or personal reflection.

Atrial Dysrhythmias

Abnormal heart rhythms originating from the atria, including conditions like atrial fibrillation or atrial flutter.