Bond Rating determines creditworthiness of a bond.Moody’s, Standard & Poor’s, and Fitch are the three agencies which determine the creditworthiness of the bond issuer and rate them accordingly. The bond rating of AAA is the highest and means that the bond will be honoured at the end of maturity. As the rating goes below AAA the risk involved with default on bond increases.
Investments in securities are subject to market risks. Read all the related documents or product details carefully before investing. Wealth Technology & Services Private Limited ("WealthDesk") is a 100% subsidiary of PhonePe Wealth Broking Pvt Ltd. Investments in WealthBaskets are subject to the Terms of Service. https://share.market/terms-conditions
WealthDesk is a platform that lets you invest in systematic, modern investment products called WealthBasket.
