Tag fitch ratings

Fitch Ratings is one of the three major credit rating agencies, along with Moody's and Standard & Poor's. Here are some common Fitch ratings:

Long-Term Issuer Default Ratings (IDRs)

• AAA: Exceptionally strong capacity to meet financial commitments
• AA: Very strong capacity to meet financial commitments
• A: Strong capacity to meet financial commitments
• BBB: Adequate capacity to meet financial commitments
• BB: Less vulnerable to non-payment, but more susceptible to adverse changes
• B: More vulnerable to non-payment, but still has some capacity to meet financial commitments
• CCC: Vulnerable to non-payment, but still has some capacity to meet financial commitments
• CC: Highly vulnerable to non-payment
• C: Very highly vulnerable to non-payment
• D: In default

Short-Term Ratings

• F1+: Exceptionally strong capacity to meet short-term financial commitments
• F1: Very strong capacity to meet short-term financial commitments
• F2: Strong capacity to meet short-term financial commitments
• F3: Adequate capacity to meet short-term financial commitments
• F4: Less vulnerable to non-payment, but more susceptible to adverse changes
• F5: Highly vulnerable to non-payment

Other Ratings

• National Long-Term Ratings: These ratings are specific to a country or region and reflect the creditworthiness of an issuer within that country or region.
• National Short-Term Ratings: These ratings are specific to a country or region and reflect the creditworthiness of an issuer within that country or region for short-term debt.
• Rating Outlook: This is a forward-looking assessment of the likelihood of a rating change, and can be "stable", "positive", "negative", or "developing".

It's worth noting that Fitch ratings are not the only ratings that can be assigned to a bond or issuer. Other rating agencies, such as Moody's and Standard & Poor's, may assign different ratings.