Transition Matrix
Transition Matrix (1year)
(Term : 1998 ~ 2018, Unit : %)
| Rating To | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| AAA | AA | A | BBB | BB | B~C | D | WR | ||
| Rating From | AAA | 96.39 | 0.39 | - | - | - | - | - | 3.23 |
| AA | 1.28 | 90.19 | 2.49 | 0.07 | - | - | - | 5.97 | |
| A | - | 5.49 | 80.91 | 3.15 | 0.18 | 0.23 | 0.06 | 9.98 | |
| BBB | - | - | 6.10 | 73.53 | 2.77 | 1.59 | 0.42 | 15.59 | |
| BB | - | - | 0.28 | 5.39 | 56.77 | 7.73 | 4.14 | 25.69 | |
| B~C | - | - | - | 0.38 | 0.96 | 57.36 | 10.13 | 31.17 | |
Transition Matrix (3years)
(Term : 1998 ~ 2016, Unit : %)
| Rating To | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| AAA | AA | A | BBB | BB | B~C | D | WR | ||
| Rating From | AAA | 89.89 | 1.21 | - | - | - | - | - | 8.90 |
| AA | 3.41 | 75.37 | 4.28 | 0.17 | 0.09 | 0.09 | - | 16.59 | |
| A | - | 13.46 | 54.70 | 4.20 | 0.33 | 0.67 | 0.33 | 26.32 | |
| BBB | - | 0.07 | 13.65 | 40.01 | 2.98 | 2.61 | 1.53 | 39.14 | |
| BB | - | - | 1.17 | 8.94 | 12.17 | 4.40 | 9.24 | 64.08 | |
| B~C | - | - | - | 1.24 | 0.41 | 11.62 | 18.46 | 68.26 | |
