摘要
2016年,中国银行在伦敦成功发行首支中国绿色资产担保债券并取得较高的信用评级。发行主体本身的高信用、对资产池的充足监管、资产监管人首创的预先授权机制等,都是本期债券取得高评级的原因。对本期债券增信手段的分析为今后资产担保债券提高信用等级带来重要启示:金融机构乃至国家要提升自身信用水平、对资产进行充足监管、为方便债权实现进行制度创新、借鉴资产证券化的破产隔离手段、政府要进行有力监管。
Bank of China successfully issued the first China Green Covered Bond in London in 2016 and achieved a higher credit rating. The issuer ＇s own high credit,adequate supervision over the asset pool,and the preauthorization mechanism initiated by the asset manager are the reasons for the higher rating of this bond. Analysis on credit enhancement means of this bond has important implications for increasing rating of covered bond in future：enhancing the levels of their own credit for financial institutions and even the whole country,conducting adequate supervision over the assets,enhancing institutional innovation for the realization of bond ownership,learning from asset securitization-based bankruptcy isolation means,and intensifying effective supervision from the government.
出处
《征信》
2017年第7期56-59,65,共5页
Credit Reference
关键词
绿色资产担保债券
信用评级
信用增级
增信手段
green covered bond
credit rating
credit enhancement
credit enhancement means
