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DEBT RATINGS BY MOODY'S
Wachovia Corporation |
| Outlook | Positive, Stable, Negative | Negative | The rating outlook is Moody’s opinion of the likely direction of a rating over the medium term. | Short Term Obligations
(CP) | P-1 – NP | P-1 | Issuers rated Prime-1 have a superior capacity for repayment of short-term promissory obligations. | Senior
Unsecured | Aaa – C | A1 | Bonds that are rated Aa are judged to be of high quality and are subject to very low credit risk. | | Long Term Subordinated | Aaa – C | A2 | A-rated bonds have many favorable attributes, are considered upper-medium grade, and are subject to low credit risk. |
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Wachovia Bank, N.A.|
Short Term
Deposits
Long Term
Deposits | P-1 – NP
Aaa – C
| P-1
Aa2
| Issuers rated Prime-1 have a superior capacity for repayment of short-term promissory obligations.
Long term deposits that are rated Aa are judged to be of high quality and are subject to very low credit risk. | | Senior Unsecured | Aaa – C | Aa2 | Bonds that are rated Aa are judged to be of high quality and are subject to very low credit risk. | | Long Term Subordinated | Aaa – C | Aa3 | A-rated bonds have many favorable attributes, are considered upper-medium grade, and are subject to low credit risk. |
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