Credit ratings : opinions on credit quality

Release date
01/06/1996
Reference
Vol. 59. No. 2. June 1996
Author
Shahla Motadel
In this article, Shahla Motadel describes the role and nature of credit ratings and the methodology adopted by the agencies that produce them. The article outlines the current use of ratings for regulatory purposes in New Zealand and briefly reviews the past reliability of ratings.