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    资产证券化中的信用评级

    摘要

    本文从银行间市场资产证券化各类产品近年来发行情况及信用表现入手,介绍了企业信贷资产证券化、零售类资产证券化、不良贷款证券化及信托型ABN等证券化产品在信用评级时的主要关注点。随着中国经济进入新常态,企业贷款需求下降,普惠金融概念盛行,以企业信贷资产为基础资产的证券化产品的发行规模增速放缓,而零售类资产证券化产品规模增长迅速。随着资产证券化市场的深化发展,越来越丰富的基础资产和复杂的交易结构的设计都对信用评级提出了更高要求。

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    Abstract

    This paper introduces the key points to credit rating of corporate credit asset securitization,retail asset securitization,non-performing loan securitization and trust-type ABN,etc.,from the perspective of issuance and credit performance of various types of products in the inter-bank market asset securitization and. With the Chinese economy into the new normal,corporate loan demand declined and the inclusive finance concept concept prevailed and the scale of issuance of securitized products based on corporate credit assets is slowed down,while retail asset securitization products grew rapidly. With the deepening development of asset securitization market,increasingly rich base assets and complex transaction structure design put more demands on credit rating.

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    作者简介
    李燕:
    王晓宇:
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