#1796994
Grád infheistíochta
Investment grade
Filter results
Collections
71 results in 19 documents
#1796995
Grád neamhinfheistíochta
Non-investment grade
#1798001
Bannaí faoi chumhdach arna n-eisiúint ag institiúidí creidmheasa sna Ballstáit (Grád Infheistíochta)
Covered bonds issued by credit institutions in Member States (Investment Grade)
#1798002
Flaithiúnas (Grád infheistíochta)
Sovereign (Investment grade)
#1798004
Corparáideach (Grád infheistíochta)
Corporate (Investment grade)
#1937045
Innéacsanna creidmheasa liostaithe ina bhfuil formhór a gcomhpháirteanna aonair ar ghrád infheistíochta
Listed credit indices with a majority of its individual constituents being investment grade
#1937046
Innéacsanna creidmheasa liostaithe ina bhfuil formhór a gcomhpháirteanna aonair ar ghrád neamhinfheistíochta nó gan rátáil
Listed credit indices with a majority of its individual constituents being non-investment grade or unrated
#2577610
Grád neamhinfheistíochta
Non investment grade
#2753239
Méadú ar raon difríochta bunúsach le haghaidh sócmhainní ar ghrád fo-infheistíochta
Increase of fundamental spread for sub investment grade assets
#2756189
(urrús ar ghrád infheistíochta le taca linn bannaí, iasachtaí agus sócmhainní eile.)
(investment–grade security backed by a pool of bonds, loans and other assets.)
#2244722
Thug an Coimisiún dá aire nár mheas údaráis na Danmhairge nár mheas siad go gcaillfidh PostNord AB a ghrád scáthinfheistíochta in éagmais na n-instealltaí caipitil ón Danmhairg agus ón tSualainn, ná an dóchúlacht go gcaillfidh PostNord AB grád scáth-infheistíochta den sórt sin ar aon nós, fiú má deonaíodh na hinstealltaí caipitil ón Danmhairg agus ón tSualainn.
The Commission noted that the Danish authorities considered neither the probability of PostNord AB losing its shadow investment grade in the absence of the capital injections by Denmark and Sweden, nor the probability of PostNord AB losing such shadow investment grade anyway, even if the capital injections from Denmark and Sweden were granted.
#586642
I gcás urrús fiachais ag a bhfuil measúnú creidmheas ó IMCS atá coibhéiseach le grád infheistíochta nó níos airde, féadfaidh institiúidí meastachán luaineachta a ríomh do gach catagóir den urrús.
For debt securities that have a credit assessment from an ECAI equivalent to investment grade or better, institutions may calculate a volatility estimate for each category of security.
#586643
I gcás urrús fiachais ag bhfuil measúnú creidmheas ó IMCS atá coibhéiseach le grád infheistíochta nó níos ísle ná sin, agus i gcás gach comhthaobhachta incháilithe eile, féadfaidh institiúidí na coigeartuithe luaineachta a ríomh maidir le gach ítim ar leith.
For debt securities that have a credit assessment from an ECAI equivalent to below investment grade, and for other eligible collateral, institutions shall calculate the volatility adjustments for each individual item.
#662311
Díreofar leis an ionstraim feabhsaithe creidmheasa seo ar chabhrú leis an bhfiachas sinsearach rátáil chreidmheasa ar ghrád infheistíochta a bhaint amach.
This credit enhancement instrument shall aim at helping the senior debt to achieve an investment grade credit rating.
#2192988
Ciallaíonn ‘grád infheistíochta’ go measann gníomhaireachtaí rátála na bannaí a eisíonn an chuideachta a bheith sách dóchúil chun oibleagáidí íocaíochta a chomhlíonadh agus go bhfuil cead ag bainc infheistiú iontu.
‘Investment grade’ means that bonds issued by the company are judged by rating agencies as likely enough to meet payment obligations and that banks are allowed to invest in them.
#2193071
Mheas an Coimisiún go gcomhfhreagraíonn staid fhoriomlán airgeadais an ghrúpa do rátáil BB, arb í an rátáil is airde í nach gcáilíonn a thuilleadh mar ‘grád infheistíochta’.
The Commission considered that the overall financial situation of the group corresponds to a BB rating, which is the highest rating that does no longer qualify as ‘investment grade’.
#2229637
Lean rátáil cheannasach na Gréige de bheith ag feabhsú in 2021 d’ainneoin na paindéime, lenar laghdaíodh an bhearna don ghrád infheistíochta.
Greece’s sovereign credit rating has continued to improve in 2021 despite the pandemic, further narrowing the gap to investment grade.
#2244689
Mhínigh an Danmhairg go mbaineann cuspóir an insteallta caipitil ón Danmhairg leis an rátáil ar ghrád infheistíochta PostNord AB a chaomhnú.
Denmark has explained that the objective of the capital injection from Denmark relates to the preservation of the investment grade rating of PostNord AB.
#2244693
Tá sé mínithe ag an tSualainn, mar a mhíníonn an Danmhairg, gurb é an cuspóir atá le hinstealladh caipitil na Sualainne rátáil grád infheistíochta PostNord AB a chaomhnú.
Sweden, like Denmark, has also explained that the objective of the Swedish capital injection is the preservation of the investment grade rating of PostNord AB.
#2245013
Léiríonn an anailís sin go raibh ar PostNord AB a bheith i gcríoch an ghráid infheistíochta chun ús íseal a áirithiú maidir le hathmhaoiniú dliteanas a thiocfaidh in aibíocht go luath.
That analysis shows that PostNord AB had to be in investment grade territory to ensure low interest for the refinancing of liabilities maturing in the near future.
#2245015
Áitíonn an Danmhairg freisin go gcoinneofaí an tréimhse ina gcoinneofaí grád infheistíochta PostNord AB mar gheall ar an Danmhairg agus go mbeadh instealltaí caipitil na Sualainne éiginnte.
Denmark also argues that the period where PostNord AB’s investment grade would be maintained due of Denmark and Sweden’s capital injections would be uncertain.
#2245016
Mar sin féin, ós rud é gur ghá formhór na ndliteanas PostNord AB a athmhaoiniú in 2018 go 2019, bhí sé ríthábhachtach go gcoinneodh PostNord AB an grád infheistíochta sa tréimhse sin.
However, since the majority of PostNord AB’s liabilities had to be refinanced in 2018 to 2019, it was crucial for PostNord AB to maintain the investment grade in that period.
#2245018
Faoi na cúinsí sin, bheadh rátáil grád infheistíochta PostNord AB fós tábhachtach ar feadh roinnt blianta, fiú amháin tar éis claochlú Post Danmark a thabhairt chun críche.
Under those circumstances, PostNord AB’s investment grade rating would remain important for several years, even after the completion of the transformation of Post Danmark.
#2245134
Mhínigh an Danmhairg agus an tSualainn gurb é an cuspóir atá lena n-instealltaí caipitil faoi seach ná scáth-rátáil PostNord AB de ghrád infheistíochta a chaomhnú (féach aithris (30) agus aithris (33)).
Denmark and Sweden have explained that the purpose of their respective capital injections is the preservation of the investment grade shadow rating of PostNord AB (see recitals (30) and (33)).
#2245346
Thairis sin, níor léirigh údaráis na Danmhairge freisin go mbeadh na hiarmhairtí airgeadais a bheadh ag caillteanas an ghráid infheistíochta sin, ag glacadh leis go dtarlódh sé, níos mó ná méid a n-insteallta caipitil.
Moreover, the Danish authorities also failed to demonstrate that the financial consequences of that loss of investment grade, assuming it would happen, would exceed the amount of their capital injection.
#2259335
Mheall an eisiúint réamhrátuithe BB- (Caighdeán & Poor’s) agus B2 (Moody’s), i.e., faoin rátáil “grád infheistíochta”.
The issuance attracted preliminary ratings of BB- (Standard & Poor’s) and B2 (Moody’s), i.e., below ‘investment grade’ rating.
#2282863
Ciallaíonn ‘grád infheistíochta’ go mbreithníonn an ghníomhaireacht rátála go bhfuil bannaí arna n-eisiúint ag an gcuideachta sách dóthanach chun oibleagáidí íocaíochta a chomhlíonadh go gceadaítear do bhainc infheistiú iontu.
‘Investment grade’ means that bonds issued by the company are judged by the rating agency as likely enough to meet payment obligations that banks are allowed to invest in them.
#2638552
Leis seo, níl rátáil na tíre, de réir Standard and Poor’s, ach eang amháin ar shiúl ón ngrád infheistíochta.
With this, the country’s rating by Standard and Poor’s is only one notch away from investment grade.
#2748804
2 % a bheidh i luach Imajority i gcás ina bhfuil máthairghnóthas ag an CPL, seachas grúpaí atá faoi úinéireacht phoiblí, gan rátáil nó le rátáil faoi bhun an ghráid infheistíochta, agus 0 % a bheidh ann i gcásanna eile.
The value of Imajority shall be 2 % where the CCP has a parent undertaking, other than publicly owned groups, unrated or rated below investment grade, and 0 % otherwise.
#2758163
Méadú ar an raon difríochta bunúsach le haghaidh sócmhainní ar ghrád fo-infheistíochta a shloinntear mar chéatadán airgeadais (an fhormáid chéanna le rónna R0010, R0020 agus R0120).
Increase of the fundamental spread for sub–investment grade assets expressed as a financial percentage (same format as rows R0010, R0020 and R0120).
#2758164
An méadú ar an dóchúlacht mainneachtana le haghaidh sócmhainní ar ghrád fo-infheistíochta, cuirfear é sin san áireamh i ndí-rioscú sreabhaidh airgid.
The increase of the probability of default for sub investment grade assets shall be considered in the de–risking of cash flows.
#2842160
Coigeartaíodh an ráta sin chun gnáthriosca margaidh a léiriú tríd an bpréimh chuí mheasta ar bhannaí arna n-eisiúint ag gnólachtaí a bhfuil rátáil bannaí ‘grád neamh-infheistíochta’ acu (ag ráta BB) a chur leis.
This rate was adjusted to reflect normal market risk by adding the appropriate premium expected on bonds issued by firms with rating of ‘non-investment grade’ bonds (at BB rate).
#2985068
Maidir le rátáil sheachtrach de ‘ghrád infheistíochta’, is sampla é sin d’ionstraim airgeadais a fhéadfar a bhreithniú mar ionstraim ag a bhfuil riosca creidmheasa íseal.
An external rating of ‘investment grade’ is an example of a financial instrument that may be considered as having low credit risk.
#587014
beidh foráil ar áireamh sa tsaoráid as a dtiocfaidh laghdú uathoibríoch ar an méid is féidir le méid na risíochtaí atá ar mainneachtain a tharraingt, nuair is é is brí le "mainneachtain" an bhrí a shanntar dó faoi Chaibidil 3, nó i gcás ina mbeidh ionstraimí rátáilte i gceist i gcomhthiomsú na risíochtaí urrúsaithe, a dhéanann an tsaoráid a fhoirceannadh má théann meáncháilíocht an chomhthiomsaithe faoi bhun an ghráid infheistíochta.
the facility shall include a provision that results in an automatic reduction in the amount that can be drawn by the amount of exposures that are in default, where "default" has the meaning given to it under Chapter 3, or where the pool of securitised exposures consists of rated instruments, that terminates the facility if the average quality of the pool falls below investment grade.
#587106
I gcás ina mbeidh an rátáil seo atá bunaithe ar thátal ar leibhéal an ghráid infheistíochta nó ar leibhéal níos fearr, tráth a ndéantar an t-urrúsú a thionscnamh, measfar gurb ionann é agus measúnú creidmheasa incháilithe ag IMCS ar mhaithe le méideanna risíochta a ualaítear ó thaobh priacal a ríomh.
Where this derived rating is, at the inception of the securitisation, at the level of investment grade or better, it shall be considered the same as an eligible credit assessment by an ECAI for the purposes of calculating risk-weighted exposure amounts.
#589065
ítimí sócmhainne arb éard iad éilimh ar rialtais láir i bhfoirm ceanglas leachtachta reachtúla a shealbhaítear in urrúis rialtais atá ainmnithe agus cistithe ina gcuid airgeadraí náisiúnta ar an gcoinníoll gombeidh, ag lánrogha an údaráis inniúil, measúnú creidmheasa na rialtas láir sin atá sannta ag IMCS ainmnithe de ghrád infheistíochta;
asset items constituting claims on central governments in the form of statutory liquidity requirements held in government securities which are denominated and funded in their national currencies provided that, at the discretion of the competent authority, the credit assessment of those central governments assigned by a nominated ECAI is investment grade;
#1677176
An rátáil arna díorthú i gcomhréir le mír 1, is rátáil ar leibhéal gráid infheistíochta nó níos fearr a bheidh inti an tráth a chéadsannfar í agus measfar gur measúnú creidmheasa incháilithe ó IMCS í chun méideanna risíochta atá ualaithe ó thaobh priacail a ríomh i gcomhréir le hAirteagal 263 nó le hAirteagal 264, de réir mar is infheidhme.
The rating derived in accordance with paragraph 1 shall be at least at the level of investment grade or better at the time it was first assigned and shall be regarded as an eligible credit assessment by an ECAI for the purposes of calculating risk-weighted exposure amounts in accordance with Article 263 or Article 264, as applicable.
#2192875
Ar deireadh, deimhnítear torthaí an Choimisiúin i staidéar a rinne PBOC in 2017, ina luaitear ina chonclúidí an méid seo a leanas: má shocraítear leibhéal infheistíochta na mbannaí eachtracha ag rátáil idirnáisiúnta BBB-agus os a chionn, féadfar rátáil a dhéanamh ar an ngrád infheistíochta bannaí intíre ar leibhéal AA agus os a chionn sin, agus an difríocht idir an mheánrátáil intíre agus an rátáil idirnáisiúnta de 6 scór nó níos mó á gcur san áireamh.
Finally, a 2017 study performed by the PBOC itself confirms the Commission’s findings, stating in its conclusions that “if the investment level of foreign bonds is set to international rating BBB-and above, then the domestic bond investment grade may be rated at AA-level and above, taking into account the difference between the average domestic rating and the international rating of 6 or more notches”.
#2192987
Agus na fadhbanna tromchúiseacha leachtachta agus sócmhainneachta á gcur san áireamh a cuireadh in iúl san anailís airgeadais a rinneadh ar chuideachtaí an Nanshan Group, mar a thuairiscítear in aithrisí (242) go (247), mheas an Coimisiún go gcomhfhreagraíonn staid fhoriomlán airgeadais an Nanshan Group do rátáil BB, arb é an rátáil is airde í nach gcáilíonn a thuilleadh mar ‘grád infheistíochta’.
Taking into account the serious liquidity and solvency problems that the financial analysis of the companies in the Nanshan Group, as described in recitals (242)to (247) pointed out, the Commission considered that the overall financial situation of the Nanshan Group corresponds to a BB rating, which is the highest rating that does no longer qualify as ‘investment grade’.
#2193113
Agus gnéithe leachtachta agus sócmhainneachta an táirgeora onnmhairiúcháin á gcur san áireamh, mar a thuairiscítear in aithrisí (297) go (305), mheas an Coimisiún go gcomhfhreagraíonn staid airgeadais fhoriomlán an Daching Group do rátáil B/B (áit ar cuireadh rátáil B i bhfeidhm d’iasachtaí chun iasachtaí a aisíoc ó bhainc eile), arb é an rátáil is airde í nach gcáilíonn a thuilleadh mar ‘grád infheistíochta’.
Taking into account the liquidity and solvency elements of the exporting producer, as described in recitals (297) to (305), the Commission considered that the overall financial situation of the Daching Group corresponds to a B/BB rating (where B rating was applied for loans with the purpose to repay loans from other banks), which is the highest rating that does no longer qualify as ‘investment grade’.
#2193126
Tá LPR luaite ag gach banc luaite LPR i gcomhréir leis na rátaí iasachta a eisíodh dá bpríomhchliaint (béim curtha leis) ar an 20ú lá de gach mí. Chomh maith leis sin, thug an Coimisiún faoi deara nár aicmíodh rátáil na gcuideachtaí sa ghrúpa le ceithre bliana anuas, mar a rinne an páirtí ag baint úsáide as modheolaíocht Bloomberg, a athmheas ag baint úsáide as modheolaíocht Bloomberg,
Indeed, as mentioned in the documentation submitted by the GOC during the course of the investigation, “LPR has been quoted by each LPR quoting bank in accordance with the loan rates issued to their prime clients (emphasis added) on the 20th of each month”Also, the Commission noted that the rating of the companies in the group in the last four years, as re-evaluated by the party using Bloomberg’s methodology, was not classified as the ‘investment grade’,
#2244723
Ina theannta sin, thug an Coimisiún dá aire gur mheas údaráis na Danmhairge nár tháinig aibíocht na n-iasachtaí a bhí le hathmhaoiniú ná an tréimhse inar glacadh leis go gcoinneofaí grád scáth-infheistíochta IarNord AB mar gheall ar na hinstealltaí caipitil ón Danmhairg agus ón tSualainn.
Furthermore, the Commission noted that the Danish authorities considered neither the maturity of the loans to be re-financed nor the period during which it was assumed that PostNord AB’s shadow investment grade would be maintained because of the capital injections from Denmark and Sweden.
#2244744
Cuspóir – Áitíonn ITD go bhfuil na trí instealltaí caipitil an cuspóir céanna, is é sin le cur i bhfeidhm an plean claochlú Post Danmark agus nach bhfuil sé de chuspóir ag na hinstealltaí caipitil ón Danmhairg agus an tSualainn a chaomhnú rátáil grád infheistíochta PostNord, atá i gcomhréir le ITD ach taobh-éifeacht an instealladh caipitil.
Purpose – ITD argues that all three capital injections have the same purpose, namely to implement the transformation plan of Post Danmark and that the capital injections from Denmark and Sweden do not have the purpose to preserve the investment grade rating of PostNord, which is according to ITD merely a side effect of the capital injection.
#2244789
chaillfí grád infheistíochta toisc go mbeadh instealladh caipitil PostNord neamhfhónta ó thaobh airgeadais de, rud a chruthódh, dá réir sin, nach dtiocfadh instealladh caipitil IarNord le tástáil an infheisteora sa mhargadh príobháideach.
a potential loss of investment grade would be due to the fact that PostNord’s capital injection would be financially unsound which, in turn, would prove that PostNord’s capital injection does not meet the private market investor test.
#2244858
Ar an dara dul síos, agus a n-instealltaí caipitil faoi seach ag an Danmhairg agus ag an tSualainn, bhí sé d’aidhm ag an Danmhairg agus ag an tSualainn laghdú a dhéanamh ar an riosca don Ghrúpa Iar-Nord ina iomláine nach bhfuil cáilíocht infheistíochta acu agus ar an gcaoi sin luach an scairshealbhóra a chaomhnú nó a mhéadú.
Secondly, with their respective capital injections, Denmark and Sweden aimed at reducing the risk for the entire PostNord Group being regarded as not having investment grade quality and thereby preserve or increase the shareholder value.
#2244912
I gcás den sórt sin, dhéanfaí rátáil scáth-chreidmheasa PostNord AB a íosghrádú go suntasach ó choibhéis grád infheistíochta lag sa […] réimse go grád amhantrach sa […] réimse.
In such a scenario, PostNord AB’s shadow credit rating would be significantly downgraded from the equivalent of a weak investment grade in the […] area to a speculative grade in the […] area.
#2244989
Maidir le cibé ar cheart don Danmhairg agus don tSualainn, mar úinéirí agus infheisteoirí in PostNord AB, an dóchúlacht go gcaillfidh PostNord AB grád infheistíochta in éagmais na n-instealltaí caipitil, maíonn siad go bhfuil riachtanas den sórt sin an-amhantrach.
With respect to whether Denmark and Sweden, as owners of and investors in PostNord AB, should have measured the probability of PostNord AB losing investment grade in the absence of the capital injections, they claim that such a requirement is very speculative.
#2244998
I dtuairim na Danmhairge agus na Sualainne, léiríonn anailís DCF go bhfuil toradh dearfach ag a gcuid infheistíochtaí i bhfoirm cruthú luacha, ós rud é i gcás ina gcaillfeadh PostNord AB grád infheistíochta, bheadh sé thíos le caillteanais luach fiontair de SEK 1071 milliún.
In Denmark and Sweden’s view, the DCF analysis demonstrates that their investments have a positive return in the form of value creation, since in case PostNord AB would lose investment grade, it would suffer enterprise value losses of SEK 1071 million.
#2245004
Dá bhrí sin, i dtuairim na Danmhairge agus na Sualainne, tugadh údar cuí leis an toimhde go raibh athmhaoiniú suntasach de dhíth ar PostNord agus ar an gcúis sin go raibh gá ar leith le fanacht i gcríoch ghrád infheistíochta, le rochtain ar an margadh creidmheasa a chumasú agus le bheith solúbtha maidir leis na foinsí maoinithe is oiriúnaí agus is ísle a roghnú.
Therefore, the assumption that PostNord needed significant refinancing and for that reason had a specific need to remain in investment grade territory, to enable access to the credit market and be flexible in choosing the most suitable and lowest cost sources of financing, has been properly justified in Denmark’s and Sweden’s view.
#2245007
Maíonn an Danmhairg nach raibh an meastachán maidir leis an dóchúlacht go gcaillfidh PostNord AB stádas gráid infheistíochta in éineacht lena n-instealladh caipitil féin agus gan a n-instealladh caipitil sainráite, ach go bhfuil sé intuigthe i measúnú údaráis na Danmhairge a rinneadh sular chinn siad infheistíocht a dhéanamh.
Denmark claims that the estimate of the probability of PostNord AB losing investment grade status with and without their own and Sweden’s capital injection was not explicit, but implicit in the Danish authorities’ assessment made prior to their investment decision.