company ratings

[johnny37]

Barclays Bank has just had its rating reduced to Aa3.
What is the highest rating a company can have? What was Barclays rating before and what is Lloyds Banking Group?

[kempie]

You are quoting Moody's Long Term bond credit rating, the highest of which is Aaa (3 points above Aa3)

http://en.wikipedia.org/wiki/Bond_credit_ratin g

Barclays current Aa3 rating is a 2-point downgrade from Aa1.

http://uk.reuters.com/article/allBreakingNews/ idUKL212327520090202

Before the HBOS merger Lloyds TSB held an Aaa rating which I believe is still the case.

http://www.thisismoney.co.uk/saving-and-bankin g/article.html?in_article_id=453083&in_page_id =7&expand=true