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Many big investors, such as CalPERS, an enormous public pension fund, do not allow those managing its money to invest in any unrated securities.Scrapping legal mandates to have securities rated has also proved difficult.
Paramount's goal in showing the footage was to prove to theater owners that "World War Z," which is not yet rated, has the potential to be a blockbuster despite much-chronicled production difficulties that drove the budget skyward; to that end, the studio undoubtedly brought the most eye-popping scenes it had.
General Motors, which is "A" rated, has a 7.5% PET bond (HGM) which at 24.20 yields 7.68%.
"The fact that we can securitize the credit risk of the unbanked and, very soon, get rated, has us very excited.
Similar(56)
Mortality rate has gone down.
The literacy rate has doubled.
The inflation rate has subsequently moderated.
The rate has risen slightly since then.
The rate has been increasing lately.
The unemployment rate has dropped to 7.5 percent.
Since 1950 the death rate has dropped sharply.
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CEO of Professional Science Editing for Scientists @ prosciediting.com