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File:Corporate Bond Issuance by credit rating, 1995-2019.png

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Corporate_Bond_Issuance_by_credit_rating,_1995-2019.png (460 × 356 pixels, file size: 19 KB, MIME type: image/png)

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Description
English: The total offering amount, over time, of bonds issued with credit ratings of AAA; investment-grade, excluding AAA and BAA (also BBB); BAA; and high-yield. The chart shows that, while high-yield issuance has been declining since 2012, investment-grade issuance has been increasing, with BAA issuance matching or exceeding high-yield issuance in every quarter since the fourth quarter of 2016.
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Source Downloaded from https://libertystreeteconomics.typepad.com/.a/6a01348793456c970c0240a4eff967200b-500wi. Used in https://libertystreeteconomics.newyorkfed.org/2020/01/whats-in-aaa-credit-rating.html.
Author Federal Reserve Bank of New York

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This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code. Note: This only applies to original works of the Federal Government and not to the work of any individual U.S. state, territory, commonwealth, county, municipality, or any other subdivision. This template also does not apply to postage stamp designs published by the United States Postal Service since 1978. (See § 313.6(C)(1) of Compendium of U.S. Copyright Office Practices). It also does not apply to certain US coins; see The US Mint Terms of Use.
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