Long\u002Dterm debt rating for B.C. and B.C. Hydro’s long\u002Dterm debt obligations remain AA (high), says DBRS Morningstar
by the agency on Wednesday evening, the long-term debt rating for B.C. remains AA , while B.C. Hydro’s long-term debt obligations also remain AA .
The higher the rating the less companies or government have to pay for money, and the less they have to pay to investors seeking a safe haven for their cash. Government bonds are considered a very safe asset. DBRS Morningstar is the fourth-largest credit ratings agency in the world and is a service used by investors.
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