Credit Trends Data

Count of fallen angels and rising stars for the total rated US corporate universe broken out by broad sector. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1986. Quarterly data available back to 1Q86.

Issuer-by-Issuer list of all rating actions involving US corporations during the month.

Count of rating changes for all US corporations broken out by broad rating category. Excludes structured transactions. Archive includes: Annual data back to 1986. Quarterly data back to 1Q96.

Amount of debt affected in rating changes for all US corporations broken out by broad rating category. Excludes structured transactions. Archive includes: Annual data back to 1986. Quarterly data back to 4Q00.

Count of rating changes for all US municipal bonds broken out by region. Includes amount of debt affected. Archive includes: Annual data back to 2005. Quarterly data back to 1Q06.

Count of rating changes for all US municipal bonds broken out by type of issuer (e.g., city or county) and purpose (e.g., health care or transportation). Includes amount of debt affected. Annual data available back to 2005. Quarterly data available back to 1Q06.

Count of rating changes for investment-grade US corporates broken out by broad sector. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1986. Quarterly data available back to 1Q86.

Count of rating changes for speculative-grade US corporates broken out by broad sector. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1986. Quarterly data available back to 1Q86.

Count of rating changes for all rated US corporations broken out by broad sector. Includes amount of debt affected. Excludes structured transactions. Archive includes: Annual data back to 1975. Quarterly data back to 1Q86.

Count of long-term and bank financial strength rating changes for US banks. Excludes structured transactions. Annual data available back to 1986. Quarterly data available back to 2Q86.

Count of rating changes for investment-grade US corporations. Excludes structured transactions. Archive includes: Monthly data back to January 1986.

Count of rating changes for speculative-grade US corporations. Excludes structured transactions. Archive includes: Monthly data back to January 1986.

Count of rating changes for the total rated US corporate universe broken out by investment/speculative grade. Excludes structured transactions. Monthly data available back to January 1986.

Count of rating changes for all US municipal bonds broken out by tax-backed and revenue bonds. Includes amount of debt affected. Annual data available back to 1989. Quarterly data available back to 3Q00.

Count of outlook changes for the total rated US corporate universe broken out by investment/speculative grade. Excludes structured transactions. Annual data available back to 2001. Quarterly data available back to to 3Q00.

Count of rating reviews or the total rated US corporate universe broken out by sector and investment/speculative grade. Includes amount of debt affected. Excludes structured transactions. Quarterly data available back to 3Q01.

Count of short term rating changes for the total rated US corporate universe broken out by broad sector. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1986. Quarterly data available back to 1Q00.

Count of rating changes for the total rated US corporate universe broken out by broad rating category. Excludes structured transactions. Annual data available back to 1989. Quarterly data avilable back to 1Q00.

Count of bank financial strength rating changes for the total rated Western European non-financial corporate universe. Excludes structured transactions. Annual data available back to 1996. Quarterly data available back to 1Q96.

Count of commercial paper credit rating changes for the total rated Western European corporate universe. Latest data is year-to-date. Excludes structured transactions. Annual data available back to 1990.

Count of fallen angels and rising stars for the total rated Western European corporate universe. Latest data is year-to-date. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1990.

Count of rating changes for the total rated Western European corporate universe broken out by country. Latest data is year-to-date. Excludes financial sector rating changes and structured finance transactions. Annual data available back to 2003.

Count of rating changes for the total rated Eastern European corporate universe, including Russia, broken out by broad sector. Latest data is year-to-date. Excludes structured transactions. Annual data available since 1990.

Count of rating changes for the total rated Western European corporate universe broken out by investment/speculative grade and financial/non-financial issuers. Excludes structured transactions. Annual data available back to 1990. Quarterly data available back to 1Q90. Monthly data available back to Jan-90.

Count of rating changes for Investment grade Western European issuers broken out by broad sector. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1990. Quarterly data available back to 1Q95.

Count of rating changes for Speculative grade Western European issuers broken out by broad sector. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1990. Quarterly data available back to 1Q95.

Count of rating changes for the total rated Western European corporate universe broken out by investment/speculative grade and financial/non-financial issuers. Includes amount of debt affected. Excludes structured transactions. Annual data available back to 1990. Quarterly data available back to 1Q95.

Count of outlook changes for all investment grade Western European issuers broken out by broad sector. Excludes structured transactions. Archive includes Annual data back to 2001. Quarterly data back to 3Q01. Monthly data available back to January-01.

Count of outlook changes for all speculative grade Western European issuers broken out by broad sector. Excludes structured transactions. Archive includes Annual data back to 2001. Quarterly data back to 3Q01. Monthly data available back to January-01.

Count of outlook changes for all rated Western European issuers broken out by broad sector. Excludes structured transactions. Archive includes Annual data back to 2001. Quarterly data back to 3Q01. Monthly data available back to January-01.

Count of rating reviews for all investment grade Western European issuers broken out by broad sector. Excludes structured transactions. Archive includes Annual data back to 2001. Quarterly data back to 1Q01. Monthly data back to Jan 01.

Count of rating reviews for all speculative grade Western European issuers broken out by broad sector. Excludes structured transactions. Archive includes Annual data back to 2001. Quarterly data back to 1Q01. Monthly data back to Jan 01.

Count of rating reviews for all rated Western European issuers broken out by investment/speculative grade and financial/non-financial issuers. Excludes structured transactions. Archive includes Annual data back to 2001. Quarterly data back to 1Q01. Monthly data back to Jan 01.

Count of fallen angels and rising stars for all rated issuers. Includes amount of debt affected. Excludes structured transactions and US public finance rating changes. Annual data available back to 1990. Quarterly data available back to 1Q02.

Amount of debt affected for all fallen angels. Excludes structured transactions and US public finance rating changes. Archive includes: Annual data back 1990. Quarterly data back to 1Q02.

Count of rating changes for the total rated non-US corporate universe broken out by broad sector and Sovereign/Government. Excludes structured transactions. Monthly data available back to Jan-90.

Count of rating changes for the total rated Canadian corporate universe broken out by financial/non-financial and sovereign issuers. Includes amount of debt affected. Excludes strutured transactions. Annual data available back to 1990. Quarterly data available back to 1Q01.

Issuer-by-Issuer list of all rating actions involving non-US corporations during the month. Includes broad sector and country of domicile.

Count of ratings changes for all rated issuers. Includes upgrade/downgrade ratios. Excludes structured transactions and US public finance rating changes. Archive includes Monthly data available back to Jan 90.

Count of rating changes for all rated Japanese issuers broken out by financial/non-financial and sovereign issuers. Includes amount of debt affected. Excludes strutured transactions. Annual data available back to 1990. Quarterly data available back to 1Q02.

Count of rating changes for non-US issuers. Includes upgrade/downgrade ratios. Excludes structured transactions. Archive includes Annual data available back to 1996. Quarterly data available back to 1Q01.

Amount of debt affected by ratings changes for non-US issuers. Includes upgrade/downgrade ratios. Excludes structured transactions. Archive includes Annual data available back to 1996. Quarterly data available back to 1Q01.

Count of rating changes for non-US, bank and finacnce issuers. Includes upgrade/downgrade ratios. Excludes structured transactions. Archive includes Annual data available back to 1996. Quarterly data available back to 1Q01.

Amount of debt affected by ratings changes for non-US, bank and finance issuers. Includes upgrade/downgrade ratios. Archive includes Annual data available back to 1996. Quarterly data available back to 1Q01.

Count of ratings changes for non-US, non-finance issuers. Includes upgrade/downgrade ratios. Excludes structured transactions. Archive includes Annual data available back to 1996. Quarterly data available back to 1Q01.

Amount of debt affected by ratings changes for non-US, non-finance issuers. Includes upgrades/downgrade ratios. Excludes structured transactions. Archive includes Annual data available back to 1996. Quarterly data available back to 1Q01.

Count of rising stars for all rated issuers. Excludes structured transactions. Archive includes Annual data back to 1990. Quarterly data back to 1Q02.

Amount of debt affected for all rising stars. Excludes structured transactions. Archive includes: Annual data back 1990. Quarterly data back to 1Q02.

3-month Euro-deposit rates.

USD exchange rates for Canada, UK, Euro, Hong Kong, Australia, Japan, and Switzerland.

10-year government yields for Australia, Canada, France, Germany, Italy, Japan, Spain, UK, US, and Euro.

Moody's public utility stock average.

Corporate Bond and US Treasury yields.

US money market rates.

US money market rates.

Yield curve and monthly averages of US Treasuries.

Constituent list for US Long-Term Corporate Bond Yield Averages

They are derived from pricing data on a regularly-replenished population of fixed-rate bonds denominated in the respective currency. Short-Term bonds have remaining maturities of between 2 and 5 years and Intermediate bonds have remaining maturities of between 5 and 11 years; they are dropped from the list if their remaining life falls below the respective lower maturity band or if their ratings change. All yields are yield-to-maturity calculated on a semi-annual basis. Each observation is an unweighted average. The composite investment-grade average is a simple average of the yields and spreads for the four rating categories. Current Euro benchmark is German Government Bond. Yields in %; spreads in basis points. Archive includes: Monthly data available back to Jan 05. Weekly data available back to 01-Oct-98.

They are derived from pricing data on a regularly-replenished population of fixed-rate bonds denominated in sterling. Short-term bonds have remaining maturities of between 2 and 5 years and Intermediate bonds have remaining maturities of between 5 and 11 years; they are dropped from the list if their remaining life falls below the respective lower maturity band or if their ratings change. Each observation is an unweighted average. The composite investment-grade average is a simple average of the yields and spreads for the four rating categories. The benchmark used to calculate the intermediate-term average spread is the 7-year UK Government Bond. Yields in %; spreads in basis points. Archive includes: Weekly data available back to 05-Sept-02.

Based on Seasoned Bonds with Remaining Maturities Averaging Seven Years Methodology: Derived from pricing data on a regularly-replenished population of around 100 seasoned fixed-rate corporate bonds in the US market, each with current outstandings over $100 million. The bonds have remaining maturities between 5 and 9.5 years with an average maturity of XX years; they are dropped from the list if their remaining life falls below five years or if their ratings change. Bonds with deep discounts or steep premiums to par are generally excluded. All yields are yield-to-maturity calculated on a semi-annual compounding basis. Each observation is an unweighted average, with Average Corporate Yields representing the unweighted average of the corresponding Average Industrial and Average Public Utility observations. Highs and lows refer to monthly averages. Archive includes: Monthly data available back to Jun-94. Weekly data available back to 06-Aug-97.

Constituent list for US Intermediate-Term Corporate Bond Yield Averages

Based on Corporate Bonds with Maturities of 7 Years. Methodology: Simple median yields of all regular coupon (no zero coupons or floating-rate) 7-year bonds rated by Moody's. To be included in the index, bonds must have maturities between six and eight years, and have outstanding values of more than $50 million. All yields are yield-to-maturity calculated on a semi-annual basis. Each observation is unweighted in the sample, and the yields are calculated for end-of-month values. Typically, the index will have 1000-1200 bonds each month. The median credit spreads provided on Credit Trends Yields and Spreads are different from those provided as part of Market Implied Ratings. Archive includes: Monthly data available back to Jan-91.

Based on Seasoned Bonds with Remaining Maturities of at Least 20 Years. Methodology: Derived from pricing data on a regularly-replenished population of nearly 90 seasoned corporate bonds in the US market, each with current outstandings over $100 million. The bonds have maturities as close as possible to 30 years, with an average maturity of XX years; they are dropped from the list if their remaining life falls below 20 years or if their ratings change. Bonds with deep discounts or steep premiums to par are generally excluded. All yields are yield-to-maturity calculated on a semi-annual compounding basis. Each observation is an unweighted average, with Average Corporate Yields representing the unweighted average of the corresponding Average Industrial and Average Public Utility observations. Archive includes: Annual data available back to 1919. Monthly data available back to Jan-1919. Daily data available back to 01-Aug-97.

Constituent list for US Long-Term Corporate Bond Yield Averages

Methodology: Derived from pricing data on unenhanced newly issued general obligation bonds. Each observation is an unweighted average, with the composite average representing the unweighted average of the corresponding 20-Year observations. Highs and lows refer to monthly averages. Archive includes: Annual data available back to 1937. Monthly data available back to Jan-37. Weekly data available back to 01-May-98.

Methodology: Derived from pricing data on a regularly-replenished population of fixed-rate bonds denominated in the respective currency. Short-Term bonds have remaining maturities of between 2 and 5 years and Intermediate bonds have remaining maturities of between 5 and 11 years; they are dropped from the list if their remaining life falls below the respective lower maturity band or if their ratings change. All yields are yield-to-maturity calculated on a semi-annual basis. Each observation is an unweighted average. Yields are shown in %; spreads in basis points. Archive includes: Weekly data available back to 06-Jan-05.

Constituent list for US Long-Term Corporate Bond Yield Averages

All bonds issued by Western and Eastern European countries(domestic or international). Split by rating category, and Financial, industrial and sovereign. Excludes domestic bonds, perpetual bonds, bonds with maturity of less than 1 year and bonds with a face amount less than US$20 million.

Monthly value of new 144a issuance in the US domestic market by rating category.

Monthly value of new 144a issuance in the US domestic market by broad sector.

Monthly value of new public issuance in the US domestic market by rating category

Monthly value of new public issuance in the US domestic market by broad sector.

Archive includes: Weekly data available back to 17-Aug-95.

Moody's Spot Commodity Price Index (formerly known as Moody's Commodity & Scrap Index) is an unweighted average of the percentage change in the spot price of the following commodities: corn, soybeans, wheat, cocoa, and coffee.