NEW Story: The Fountain
߷ Part of the industry series of articles
The Commonwealth Ratings Corporation (CRC) is an independent credit rating agency in Vekllei that publishes research on tradeable securities in the Commonwealth Securities Exchange. It is an independent government corporation supervised by the Bureau of Securities. It is one of the largest ratings agencies in the world, and is popular as an offshore, impartial alternative to other agencies mostly located in the U.S. and United Kingdom. Its headquarters are located in the Caimanas.
The CRC rates borrowers on a numerical scale between 1 (highest) and 25 (lowest). It also provides guidance on the financial outlook of public and private debtors.
The CRC also maintains the CRC/CSX 50, a float-adjusted index of the largest companies in the Commonwealth Securities Exchange by market cap, which is a popular alternative for foreign investors to the opaque and comprehensive CSX All Ordinaries Index.