Bond principal rating
Category — Credit ratings
The website offers credit ratings of bond principal (Principal LT) by S&P Global. This rating’s peculiarity is that it reflects credit risk related to the bond principal only and does not include interest payments on bonds. In the Cbonds database, Local Currency Principal LT and Foreign Currency Principal LT ratings are reflected in the Local Currency Long-term Global Rating and Foreign Currency Long-term Global Rating scales, respectively. The comment explains that the rating covers only the bond principal amount.