Rating is Spread 2018 Spread: 2017 Spread: 2016 Spread: 2015

Aaa/AAA 0.54% 0.60% 0.75% 0.40%

Aa2/AA 0.72% 0.80% 1.00% 0.70%
A1/A+ 0.90% 1.00% 1.10% 0.90%
A2/A 0.99% 1.10% 1.25% 1.00%
A3/A- 1.13% 1.25% 1.75% 1.20%
Baa2/BBB 1.27% 1.60% 2.25% 1.75%
Ba1/BB+ 1.98% 2.50% 3.25% 2.75%
Ba2/BB 2.38% 3.00% 4.25% 3.25%
B1/B+ 2.98% 3.75% 5.50% 4.00%
B2/B 3.57% 4.50% 6.50% 5.00%
B3/B- 4.37% 5.50% 7.50% 6.00%
Caa/CCC 8.64% 6.50% 9.00% 7.00%
Ca2/CC 10.63% 8.00% 12.00% 8.00%
C2/C 13.95% 10.50% 16.00% 10.00%
D2/D 18.60% 14.00% 20.00% 12.00%