我国商业银行次级债信用评级的应用分析

作为改革的重要一步,我国商业银行现在被允许发行次级债。次级债在我国还是一个新生事物,是在我国银行业全面对外开放最后期限将至,而国内银行资本严重不足的情况下出现的,商业银行通过发行次级债,能够较快地补充资本金,是一种市场化的好办法。信用评级已经有近百年的历史,目前在西方国家的银行次级债发行中的应用已经十分广泛。本文针对商业银行次级债的外部信用评级进行了研究。并提出了建立和完善信用评级体系来规范我国商业银行次级债发行,保护投资者利益的一些建议和措施。

Commercial banks on China was permitted to issue Subordinated notes and Debentures （SND） as an important part of innovation. SND is a neonatal thing in China. The deadline of commercial banks＇ opening of China will come, while commercial banks＇ assets is in the extreme scarce. On this condition, commercial banks can supply their capital through issuing SND quickly, which is an effective measure to adapt to market- directed economy. Credit rating system has a long history fur about a hundred years, at present it has been used widely in SND issue of commercial banks in western countries. This dissertation mainly discussed external credit rating which was executed in issue of SND in banks. The author made some suggestions about how to build the perfect the rating system in banks of our country, which was to reduce the risk in SND issue and protect the behalf of investors.