Investment grade bond
Investment grade bond is one of securities with ratings of Baa/BBB or above.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Investment grade bond. Securities with ratings of Baa/BBB or above.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
