信用风险:投资机构的需求与评级机构的供给

Credit Risks: Investment Institutions and Rating Agencies

从投资策略角度出发,当前国内债券投资机构对信用风险的考量比较综合,其中既包含了常见的违约风险,也要兼顾估值风险、久期风险、流动性风险等诸多因素。各评级公司可以通过积极对接投资机构需求的方式,扮演好企业信息平台中介的角色,打造属于自身渠道的核心竞争力。

Institutions investing in the domestic bond market normally make a comprehensive assessment of credit risks, taking into account not only common default risk, but also risks associated with valuation, maturities and liquidity among other factors. Rating agencies play an important role in this risk assessment, acting as an intermediary in the dissemination of enterprise information. They can thereby create their own core-competitiveness by responding to the demands of investment institutions.