The issuer or issuance has the highest capacity for the payment of short-term debt obligations, and maintain the lowest risk.
The issuer or issuance has a satisfactory capacity for the payment of short-term obligations.
The issuer or issuance has an adequate capacity for the payment of short-term obligations.
The issuer or issuance has an adequate capacity for the payment of short-term obligations. However, adverse economic conditions may impair its ability.
The issuer or issuance has a moderate capacity for the timely payment of short-term debt obligations, and maintain an increased risk compared with higher credit rating instruments.
The issuer or issuance has an insufficient capacity for the timely payment of short-term debt obligations, and maintain a very high risk. These instruments are susceptible to falling into default.
There is a default on its financial obligations.
