Fitch short-term issuer rating
The Short-Term Issuer Default Rating reflects an issuer’s capacity to meet its short-term financial obligations in a timely manner.
A short-term ratings apply to obligations with a maturity horizon of:
- less than 13 months for most instruments; or
- up to 3 years for U.S. Public Finance securities.
Rating Scale
| Grade | Rating | Description |
| Investment | F1+ | Exceptionally strong credit quality |
| Investment | F1 | Highest credit quality |
| Investment | F2 | Good credit quality |
| Investment | F3 | Fair credit quality |
| Speculative | B | Speculative credit quality |
| Speculative | C | High default risk |
| Default | RD | Restrictive default |
| Default | D | Defaulted rating |
| Other | NR | No rating publicly assigned |
| Other | WD | Rating withdrawn |