How are bonds rated below the triple-B grade by Standard & Poor's classified?

Bond Markets MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
Bond Marketsfinance-mcqs › bond-markets
Published
10 Apr 2023
Last updated
28 May 2026

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Explanation

Bonds that receive ratings lower than BBB from Standard & Poor's are known as speculative-grade or junk bonds due to their higher risk of default compared to investment-grade bonds.

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