Kuliah 7. General Principles of Credit Analysis.

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General Principles of Credit Analysis Credit Analysis for Corporate Bond Credit Risk Seniority Ranking Credit Rating Yield Spread Element of Credit Analysis capacity Collateral Covenants Character Credit Analysis for High Yield Bonds Sovereign Bonds Municipal Bonds

Transcript of Kuliah 7. General Principles of Credit Analysis.

Kuliah 7

General Principles of Credit Analysis

Rating Scale

Example:PT. ABC’s credit quality has declined relative to rating’s guideline for A- rating. Downgrade is likely