local government bonds in 2014 of spontaneous self also pilot credit rating

xinhuanet.com Beijing on 13 June, (reporter Han Jie, Gao) has attracted much attention from the local government bonds since is pilot and new progress, the 13 reporters learned from the Ministry Cheap football Jerseys of finance, the debt in the future pilot area first the credit rating and information disclosure, of which the local debt credit rating will be divided into Cheap world cup jerseys "three nine class", increase the local debt must disclose information.

approved by the State Council, this year China will pilot in 10 regions of Shanghai, Zhejiang, Guangdong, Shenzhen, Jiangsu, Shandong, Beijing, Jiangxi, Ningxia, Qingdao and other local government bonds is also. And prior to the issuance by the central generation pilot is also different, the pilot area to repay debt, debt risk greater challenge.

according to the Treasury Department released the latest "guiding opinions on" local government bonds in 2014 of spontaneous self also pilot credit rating, the need for comprehensive rating of each period to be issued 5 years, 7 years and 10 years period of local debt these pilot area in the future, for the first time to conduct a rating, then tracking rating annually.

views clearly, bond credit rating is the ability and willingness of rating agencies, the issuer to bond on time, in full repayment of debt advice, investors of important reference bond cheap customized jerseys issuers and securities credit.

according to the pilot area, where the debt credit cheap jerseys rating level is divided into three grades and nine, symbolic representation: Cheap snapback hats AAA, AA, A, BBB, BB, B, CCC, CC, C.

according to the published "guiding opinions on" local government bonds in 2014 is also the pilot work of information disclosure, the future of these pilot area in the issuance of bonds, should not later than 5 working days before the release, release the information to the society by the financial sector, local China bond information website.

requires the disclosure of information not only includes the basic information to issue bonds, the local economy, fiscal balance, but also include the debt situation of local government, also need to open its credit rating to the society.