Definitions for "Investment-grade bond"
Keywords:  bbb, baa, moody, safe, issuer
A bond that has been rated by a major investment advisory firm as having a low probability of default.
A bond with a rating of BBB or higher by S & P or Baa by Moody's
A bond with little risk of default on the part of the issuer. Investment-grade or high grade is usually reserved for bonds rated BBB or higher by the rating services.