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HomeBBA FinanceFinancial ManagementBonds and Bond Valuation › Bonds in the top rating bands are described as:

Bonds in the top rating bands are described as:

AInvestment grade
BInvestment ground
CInvestment growth
DInvestment guarantee
Answer & Solution
Correct answer: A. Investment grade
1. Many banks may only trade these. 2. Several pension funds are limited to them too. 3. They are investment grade. _Source: OpenStax Principles of Finance 2e, Chapter 10, Bonds and Bond Valuation._
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