Moody’s assigns investment-grade “A-bf” rating to OpenEden’s token bond
On June 20th, Moody's Ratings, a global credit rating agency, has assigned an A-bf bond fund rating to Hill Lights International Limited, a regulated fund that issues OpenEden tokenized US TBILL. This rating places OpenEden's TBILL tokens in the investment-grade quality category. According to Moody's "Ratings and Symbols Definitions", currency market funds and bond funds rated A are considered to have many favorable investment values and characteristics, and are upper-medium quality investment tools.
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