Folien: Kreditausfallrisiko - Burkhard Erke

• ”1-year rating changes” USA (%), 1970-93:Current Rating Aaa Aa A Baa OtherAaa 89.6 7.2 0.7 0.1 0.1Aa 1.1 88.8 6.9 0.3 0.2A 0.1 2.5 89.0 5.2 0.8Baa 0.0 0.2 5.2 85.3 6.4Quelle: Backus• ”5-year rating changes” (%), 1970-93:Current Rating Aaa Aa A Baa OtherAaa 62.5 21.8 4.9 0.5 1.2Aa 5.5 52.9 22.3 3.9 2.7A 0.3 9.9 59.6 15.0 5.8Baa 0.2 1.9 18.8 49.7 17.8Quelle: Backus