Moody's gave your bonds an investment grade rating. This means... the bonds make up part of Moody's
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Question:
Moody's gave your bonds an "investment grade" rating. This means...
the bonds make up part of Moody's HRL, or its highly recommended list, that is sent weekly to investment managers.
the bonds are more likely to be purchased by institutional fund managers, such as those at banks, insurance companies, and mutual funds.
the bonds must have an AAA rating.
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