無意中在上海銀網站看到,它們長久被評為BBB+,還算不錯。
上海銀行每年都有賺錢,只能是B級,那台灣有幾家公司是A級的?可能只有台積電,華碩幾家吧?
如此,我們買高收益債券,它是投資在BB等級的債券,就被認為是垃圾債,有高風險,那台灣的許多公司不就都是垃圾公司了?
我們的政府負債那麼多,也就成為……。(說出來怕被刪文)
b8270309 wrote:
BBB+ 以上就是投資等級了...記得要有 + 哦
是嗎? 投資公司債不少年了,我一直以為S&P的最低的investment grade 是BBB-
原來BBB+,一定要有 "+"才是投資等級喔?
看起來,S&P的官網連自己的信用評等定義都搞錯了,
竟然說整個BBB區塊都是投資級.
http://www.spratings.com/en_US/understanding-ratings#firstPage

============================================
不但如此,我看Bloomberg也該關門了.
沒想到連Bloomberg和我一樣,都誤以為S&P的BBB-是投資等級.
菲律賓政府當時還辦了個記者會,慶祝國家奪得BBB-,國家重回投資等級,
原來是烏龍一場.
http://www.bloomberg.com/news/articles/2013-05-02/philippines-wins-investment-grade-from-s-p-in-aquino-affirmation
Philippine stocks rose to a record after it beat Indonesia to win an investment grade from Standard & Poor’s, as President Benigno Aquino outshines Susilo Bambang Yudhoyono in improving government finances and spurring growth.
The rating on the Philippines’ long-term foreign-currency-denominated debt was raised one level to BBB- from BB+, with a stable outlook, S&P said in a statement yesterday.
==================================================
菲律賓總統府還在官網發表正式文告,說該國得到Fitch的BBB-的投資等級,真是烏龍一場.

http://president.gov.ph/daang_matuwid/philippines-credit-rating-raised-to-investment-grade/
Fitch Ratings has upgraded the credit rating of the Philippines to the investment grade status, a level which promises a surge of capital inflow from both local and foreign investors.
In a statement, the debt watcher said that it has raised the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BB+’
=============================================
連Fitch也弄不清楚自己的rating definitioin
https://www.fitchratings.com/site/fitch-home/definitions
The terms “investment grade” and “speculative grade” have established themselves over time as shorthand to describe the categories ‘AAA’ to ‘BBB’ (investment grade) and ‘BB’ to ‘D’ (speculative grade). The terms “investment grade” and “speculative grade” are market conventions, and do not imply any recommendation or endorsement of a specific security for investment purposes. “Investment grade” categories indicate relatively low to moderate credit risk, while ratings in the “speculative” categories either signal a higher level of credit risk or that a default has already occurred.
================================================
香港匯豐銀行也等著被告到死,竟然宣稱BBB-是投資等級,
膽敢把BBB-的債劵放在投資等級架上欺騙投資人.






























































































