The Construction Of The Main Credit Rating Model Of Industrial Bonds

In 2016,the event of default in Chinese bond market was concentrated,and the external credit rating has an empty high rate,which exacerbates the bond investor's investment risk.The author argues that in the external-credit-issuer payment model,in order to control investment risk,it is an effective method to build their own credit rating model for active risk management.At the same time,the author finds that the original credit evaluation report of securities companies is not conductive to statistical analysis.In process of credit evaluation of industrial bonds held by securities companies,literal report leads to workload of credit analysts and efficiency of the work.In this paper,the author puts forward a main credit rating model constructing industrial bonds with the aim of improving work efficiency,assisting decision-making and managing risk.The author has read many relevant research literature and made a deep analysis of domestic cases on existing main body of default bonds.Based on this,the author applying expert scoring method to construct a min credit rating model of industrial bonds with experience of credit analysts.In order to improve work efficiency and facilitate statistical analysis,the author uses Excel and Wind,a financial information terminal,to realize batch marking of the model.