| Richard C. Wilson, Frank J. Fabozzi - Business & Economics - 1995 - 414 pages
...highest potential for recovery on these bonds. and D represents the lowest potential for recovery. D Debt rated D is in payment default The D rating category is used when interest payments or principal payments are not made on the date due even if the applicable grace period... | |
| Peter J. Klein - Business & Economics - 1998 - 308 pages
...continued. Q The rating "C!" is reserved for income bonds on which no interest is being paid. D Debt rated "D" is in payment default. The "D" rating category is used when interest payments or principal payments are not made on the date due even if the applicable grace period... | |
| Martin S. Fridson, Fernando Alvarez - Business & Economics - 2002 - 414 pages
...conditions for the obligor to meet its financial commitment on the obligation. D A short-term obligation rated "D" is in payment default. The "D" rating category...during such grace period. The "D" rating also will he used upon the filing of a bankruptcy petition or the taking of a similar action if payments on an... | |
| Kay Spearman - County budgets - 2006 - 1670 pages
...• CI Debt rated "CI" is reserved for income bonds on which no interest is being paid. • D Debt rated "D" is in payment default. The "D" rating category is used when interest payments or principal payments are not made on the date due even if the applicable grace period... | |
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