Static PD Table
| ST Rating | Outlook | AAA | AA+ | AA | AA- | A+ | A | A- | BBB+ | BBB | BBB- | BB+ | BB | BB- | B+ | B | B- | CCC+ | CCC | CCC- | CC+ | CC | CC- | C+ | C | C- | D |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LT Rating | AAA | AA+ | AA | AA- | A+ | A | A- | BBB+ | BBB | BBB- | BB+ | BB | BB- | B+ | B | B- | CCC+ | CCC | CCC- | CC+ | CC | CC- | C+ | C | C- | D | |
| ST Rating | Outlook | AAA | AA+ | AA | AA- | A+ | A | A- | BBB+ | BBB | BBB- | BB+ | BB | BB- | B+ | B | B- | CCC+ | CCC | CCC- | CC+ | CC | CC- | C+ | C | C- | D |
| LT Rating | AAA | AA+ | AA | AA- | A+ | A | A- | BBB+ | BBB | BBB- | BB+ | BB | BB- | B+ | B | B- | CCC+ | CCC | CCC- | CC+ | CC | CC- | C+ | C | C- | D | |
| Min | >= | 0.0000 | 1.1000 | 1.3000 | 1.5580 | 1.8240 | 2.1580 | 2.5120 | 2.9460 | 3.4130 | 3.9780 | 4.5950 | 5.3310 | 6.1440 | 7.1050 | 8.1750 | 9.4300 | 10.8380 | 12.4790 | 14.3290 | 16.4760 | 18.9060 | 21.7170 | 24.9060 | 28.5870 | 32.7730 | 37.5940 |
| Quart 1 | Positive | 0.5000 | 1.1500 | 1.3650 | 1.6250 | 1.9080 | 2.2470 | 2.6200 | 3.0630 | 3.5540 | 4.1320 | 4.7790 | 5.5340 | 6.3840 | 7.3720 | 8.4890 | 9.7820 | 11.2480 | 12.9420 | 14.8660 | 17.0840 | 19.6090 | 22.5140 | 25.8260 | 29.6330 | 33.9780 | 38.9670 |
| Mid | Stable | 1.0000 | 1.2000 | 1.4290 | 1.6910 | 1.9910 | 2.3350 | 2.7290 | 3.1790 | 3.6950 | 4.2860 | 4.9630 | 5.7370 | 6.6240 | 7.6400 | 8.8030 | 10.1340 | 11.6590 | 13.4040 | 15.4030 | 17.6910 | 20.3110 | 23.3110 | 26.7460 | 30.6800 | 35.1830 | 40.3400 |
| Quart 3 | Negative | 1.0500 | 1.2500 | 1.4940 | 1.7580 | 2.0750 | 2.4240 | 2.8370 | 3.2960 | 3.8370 | 4.4410 | 5.1470 | 5.9410 | 6.8640 | 7.9080 | 9.1160 | 10.4860 | 12.0690 | 13.8670 | 15.9390 | 18.2980 | 21.0140 | 24.1090 | 27.6670 | 31.7260 | 36.3890 | 41.7130 |
| Max | < | 1.1000 | 1.3000 | 1.5580 | 1.8240 | 2.1580 | 2.5120 | 2.9460 | 3.4130 | 3.9780 | 4.5950 | 5.3310 | 6.1440 | 7.1050 | 8.1750 | 9.4300 | 10.8380 | 12.4790 | 14.3290 | 16.4760 | 18.9060 | 21.7170 | 24.9060 | 28.5870 | 32.7730 | 37.5940 | 43.0860 |