| A | B | C | D | E | |
|---|---|---|---|---|---|
3 |
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3 |
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3 |
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3 |
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3 |
CRISIL | Corresponding S&P rating | Description | Average PD Range | |
4 |
AAA | AAA | Prime | 0.03%-0 .03% | |
5 |
AA+ | A+ | Upper medium grade | 0.05%-0 .05% | |
6 |
AA | ||||
7 |
AA- | BBB | Lower medium grade | 0.16%-0 .16% | |
8 |
A+ | BB+ | Non-Investment Grade Speculative | 0.32%-0 .33% | |
9 |
A | BB | 0.53%-0 .99% | ||
10 |
A- | ||||
11 |
BBB+ | BB- | 0.95%-0 .98% | ||
12 |
BBB | ||||
13 |
BBB- | B+ | Highly Speculative | 2.01%-3 .74% | |
14 |
BB+ | B | 3.41%-4 .22% | ||
15 |
BB | ||||
16 |
BB- | B- | 6.75%-7 .07% | ||
17 |
B+ | ||||
18 |
B | ||||
19 |
B- | ||||
20 |
CC | CC | Highly Vulnerable | 34.44%-3 4.44% | |
21 |
D | D | In Default | 100% |