BB Rating

Categories: Bonds and Treasuries,

A bond rating assigned to a somewhat speculative debt instrument. A Bb rating reflects an opinion that that the issuer has the current capacity to meet its debt obligations but faces more solvency risk than an A-rated issue and less than a BBB-rated issue if business, financial, or economic conditions change measurably. Bond investors rely on bond ratings from organizations like Standard & Poor's, moody's investors service, and fitch ratings to evaluate the default risk associated with both corporate bonds and municipal bonds. Compare to aaa rating, bbb rating, b rating; junk bond.