As a result, the rating on the Government's recent bond issue has been upgraded.17

And now the country has absorbed another huge blow another downgrade of its bond ratings. Both Moody s and Standard amp

And now the country has absorbed another huge blow another downgrade of its bond ratings. Both Moody s and Standard Poor s now rate Japanese bonds at only their fourth highest level.

A financial consultant firm has advised that the United Nations could expect to receive a credit rating in a range between the AA (very high grade, high quality) and A (upper medium grade) categories.

43 Independent evaluation of the Advanced Cargo Information System in 2002.

21. Evaluation programme for 1998 The following evaluations, approved by the High Commissioner for 1998, are presently under way

The High Commissioner intends to strengthen UNHCR's evaluation and policy analysis functions.

An investment grade rating reflects the credit rating agencies' belief that the probability of payment of the bond is high and the financial risk associated with the investment is low.

v) providing local assessments and action programs to influence higher level (e.g. national) assessments and action programs

Human Rights A Quarterly Review of the Office of the High Commissioner for Human Rights, No. 2, spring 1998

Human Rights A Quarterly Review of the Office of the High Commissioner for Human Rights, No. 3, summer 1998

Even if ratings were no longer required or encouraged by law, however, demand for ratings and the need to improve their reliability would remain. Many investors are unable to examine the extent to which a bond fund s high yield is due to risk taking, and would thus benefit from a rating of the fund s holdings.

The baseline assessment of tropical forest cover using AVHRR had been completed.

Human Rights A Quarterly Review of the Office of the High Commissioner for Human Rights, No. 1, winter 1997 1998

The credit rating agencies would probably evaluate the United Nations for credit rating purposes based on various criteria, including

Accepting criticism for choices insufficiently understood is part of the job of High Commissioner.

Implementation of that approach would essentially result in the utilization of the high credit ratings of some Member States to enhance the overall credit rating of a United Nations bond issue, which would benefit all Member States since it would lower the overall cost of borrowing.

The principal recommendation of the task force is, therefore, that the Working Group undertake this periodic evaluation.

(a) The establishment of a Management Performance Board to assess the performance of senior managers

The General Assembly will evaluate the experience of the high level meeting and decide on the appropriate follow up.

The Early Childhood Environment Rating Scale Revised Edition, Infant Toddler Environment Rating Scale, and Family Day Care Rating Scale were initiated as performance measures.

Rating agencies have been and should remain an important aspect of modern capital markets. But to make ratings work, the raters need to be rated.

AND LEVEL OF EDUCATION

That would provide the United Nations with the benefit of a higher credit rating, which would result in a lower cost for borrowing.

(a) Senior management needs to unequivocally emphasize self evaluation as a priority

Internal audit ratings

12. Stresses the importance, in preparation of the final review and appraisal of the New Agenda, of an independent and high level quality evaluation

This document presents the results of the evaluation prepared by the Senior Monitoring and Evaluation Officer (SMEO) with several consultants.

The United Nations goal with respect to the credit rating would be to convince the credit rating agencies to treat the borrowing as quasi sovereign for credit rating purposes.

After one year of successfully completing the basic level course at both the headquarters and field levels, a global internal evaluation will be carried out in 1999 and, on the basis of lessons learned, the intermediate and advanced courses will be developed.

Recalling the report of the Joint Inspection Unit on its review of management and administration in the Office of the United Nations High Commissioner for Refugees and the High Commissioner's comments thereon (EC 55 SC CRP.3),

Recalling the report of the Joint Inspection Unit (JIU) on its Review of Management and Administration in the Office of the United Nations High Commissioner for Refugees and the High Commissioner's comments thereon (EC 55 SC CRP.3),

Acknowledging with appreciation the mid term global evaluation undertaken from April to August 2000 by the Office of the High Commissioner, which included the launching of a worldwide survey, the organization of an online forum, the convening of an expert meeting and the preparation of the High Commissioner's mid term evaluation report,

Table 1

Table 1 Internal audit ratings

Comments on subprogrammes

The Office of the United Nations High Commissioner for Human Rights had also helped to assess the results of the Decade by drawing up a questionnaire to record the views of indigenous organizations concerning the advisability of declaring a second decade.

Higher Ratings

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