摘要
2016年以来,宏观经济下行压力不减,违约风险呈现不断加剧的态势。对公募债市场已经发生实质性违约及重大信用风险事件的33家企业进行分析,总结当前我国债券市场违约风险的主要特征,并探究其背后的原因,建议发行人、中介机构和监管层三方形成合力,以引导我国债券市场的良性发展。
Since the year 2016, a growing trend has been seen for default risks due to the increased macroeconomic downward pressure. An analysis is made on thirty-three companies, in which the substantive default risks or signifi- cant credit risk events occurred, summarizing the characteristics of default risks in China＇ s bond market, moreover, exploring the causes behind the phenomena, and suggesting issuer, intermediaries and regulators join forces so as to guide the sound development of bond market in China.
作者
周凤华
ZHOU Fenghua(DAGONG Global Credit Rating Co. , Ltd. , Beijing 100125, China)
出处
《征信》
2016年第11期5-9,共5页
Credit Reference
关键词
债券市场
信用风险
违约风险
公募债
bond market
credit risk
default risk
public offering bond
