Business, Legal & Accounting Glossary
A credit rating provided by an agency on a bond that is not released to the public at first. The shadow rating allows the bond issuer to get an idea of how the bond will perform in the open market given its credit rating. A shadow rating is only temporarily withheld from the public and it eventually is released despite it being positive or negative.
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This glossary post was last updated: 16th November, 2021 | 0 Views.