债项评级

债项评级工作的有效开展对强化风险防范意识、调整风险控制措施、建立风险预警传导机制、加强贷后风险控制方面取得了一定的成效。

Debt rating has some positive significance in relation to increasing risk consciousness , adjusting measures of risk management , establishing risk transmission and early-warning mechanism , strengthening post-loan management .

随着债项评级体系的不断成熟和完善，中国银行将进一步加大业务应用的深度与广度，逐步使债项评级更好的服务于上述领域。

With the maturity of the debt rating system , the bank of china will further increase the depth of business application , brings debt rating better service in the field .

违约概率和违约损失率分别是客户评级和债项评级的定量基础，两者构成了IRB法的核心变量。

Probability of Default and Loss Given Default are the two key variables of internal rating system .

此外主体评级和债项评级均对风险具有一定的揭示力，并反映在发行成本上。

Besides the company ratings and bond rating are having an impact on issuance costs .

客户评级和债项评级分别由违约概率和违约损失率来衡量。

The Customer Rating is affected by the Probability of Default , while the Debit Rating is affected by Loss Given Default .

本文在回顾国内外相关的成果和文献的基础上，按照新巴塞尔协议二维评级体系的要求，将评级体系分成客户评级体系和债项评级体系两个层次，分别展开讨论。

Based on the planar rating system of the New Basel Accord , my paper discusses the client rating and the loan rating respectively .

我国在构建内部评级体系过程中存在着诸如借款人评级和债项评级无数据跟踪；

Within this system are contained data collection , IT system as the support of credit risk evaluation , determination of internal risk rating and quantification of default and loss .

在一种评级的基础上，另一种评级依然能够给投资者提供有效的信息，两者在一定程度上互补；债项评级由于针对性更强，其对发行成本的影响力大于主体评级。

Based on a rating , the other rating can still provide useful information to investors ; due to more targeted , the influence of bond rating on the issuance costs is greater than the company rating .

第四章介绍了A银行内部评级模型验证，介绍了模型验证的目的、方法和工作内容，从客户评级模型验证、债项评级模型验证以及内部评级模型微调等方面进行了详细分析。

In Chapter 4 , the internal rating model validation ofA bank , including the purpose and method of the validation , the customer rating model validation , the debt rating model validation , and the fine-tuning of internal rating model is described .

其次，信贷组合的风险对信用与利率风险相关系数、违约相关系数、债项初始评级等参数十分敏感，而单笔贷款则对初始评级、违约概率和违约回收率等参数更为敏感。

Second , the credit portfolio is sensitive to the parameters such as the correlation between credit and interest rate risk , default correlation and initial credit ratings , while individual loans are more sensitive to the probability of default , loss given default and also initial ratings .