Director of Credit Analysis
Stoever Glass & Co., Inc.
P: (862) 432-8818
Bond ratings try to predict if bonds will be repaid principal and interest on the promised date for your bond. Municipal bonds are like certificates of deposits, which promise interest and principal on specified dates. Bond ratings are not recommendations to buy or sell. Some investors need to keep highly rated debt, but a speculative bond rating below BBB might be suitable for other investors. They are similar to credit card scores, except that they use letter symbols instead of numeric score.
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