Image by Â©iStock.com/nicoolay. Marijuanaâalso called weed, herb, pot, grass, bud, ganja, Mary Jane, and a vast number of other slang termsâis a greenish-gray mixture of the dried, shredded leaves and flowers of Cannabis sativa, the hemp plant.
Municipal Bond Ratings. What is a Bond Rating. A bond rating performs the isolated function of credit risk evaluation. A bond rating does not constitute a recommendation to invest in a bond and does not take into consideration the risk preference of the investor. While many factors go into the investment decision making process, the bond rating is often the single most important factor affecting the interest cost on bonds.
Default rates are quite low for Moody's-rated municipal issuers. age annual default rate for all Moody's-rated municipal bond issuers - regardless of their rating level -- is 0.0043%. the investment grade sector, 0.0005%, but climb for the speculative-grade sector to 0.3914% (Exhibit 3).