Template:Default spreads for ratings
| Rating | Default Spread (7/1/21) | Updated Default Spread (1/1/22) |
|---|---|---|
| A1 | 58 | 60 |
| A2 | 70 | 72 |
| A3 | 99 | 102 |
| Aa1 | 33 | 34 |
| Aa2 | 41 | 42 |
| Aa3 | 50 | 51 |
| Aaa | 0 | 0 |
| B1 | 372 | 383 |
| B2 | 455 | 468 |
| B3 | 537 | 553 |
| Ba1 | 206 | 213 |
| Ba2 | 248 | 256 |
| Ba3 | 297 | 306 |
| Baa1 | 132 | 136 |
| Baa2 | 157 | 162 |
| Baa3 | 182 | 187 |
| Ca | 991 | 1021 |
| Caa1 | 619 | 638 |
| Caa2 | 744 | 766 |
| Caa3 | 826 | 851 |
| NR | NA | NA |