Examples of Recognised Rating Agency in a sentence
A Fund may invest in high yield (i.e. non-investment grade) debt securities – these are generally considered to be bonds with a rating from a Recognised Rating Agency lower than BBB-.
CashThe Company invests in cash management units with the Mutual Trust Cash Management Fund and cash deposits with Australian banks, with a direct or underlying AA- credit rating assigned by Standard & Poor’s, being a Recognised Rating Agency.
Cash The company invests in short-term bank backed securities, cash management units with the MF Cash Management Fund and cash deposits with Australian banks, with a direct or underlying AA or A.1 credit rating assigned by Standard & Poor’s, being a Recognised Rating Agency.
A Sub-fund may only enter into securities lending agreements, repurchase agreements and reverse repurchase agreements with counterparties which have a minimum credit rating of A2 or equivalent from a Recognised Rating Agency or which, if unrated, have, in the opinion of the Investment Manager, an implied rating of A2 or better.
CashThe company invests in cash management units with the MF Cash Management Fund and cash deposits with Australian banks, with a direct or underlying AA- credit rating assigned by Standard & Poor’s, being a Recognised Rating Agency.