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What Is The Role Of Credit Rating Agencies In The Securities Markets? |
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Answer» Credit rating agencies evaluate a debt security to PROVIDE a PROFESSIONAL opinion about the ability of the issuer to meet the obligations for payment of interest and return of principal as indicated in the security. They use rating symbols to rank debt issues, which ENABLE INVESTORS to assess the default risk in a security. Credit rating agencies evaluate a debt security to provide a professional opinion about the ability of the issuer to meet the obligations for payment of interest and return of principal as indicated in the security. They use rating symbols to rank debt issues, which enable investors to assess the default risk in a security. |
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